Hello, there are multiple questions here and due to the severity, I will give maximum points. Please read all questions and answer correctly:

1) How long would a retirement account with $750,000 earning 4% a year last if $50,000 is taken out each year? Give your answer as a range of years, e.g. - between 14 and 15 years.

2) Consider Mark and Jens income and deductions for the 2011 tax year. They file a joint return. Their combined gross income is $168,000. They have the following possible amounts which qualify as itemized deductions to consider: $4,100 in real estate taxes, $4,125 in interest paid on their home mortgage, and $1,200 interest paid on a home-equity loan. They have three children who are claimed as dependents. What is the Johnsons 2011 taxable income? Label each value used in the calculation carefully.

3) Using the gross income receipts in the previous question, calculate Melindas total reportable 2011 gross income for federal income tax purposes. Please note that Melinda did not itemize deductions in 2010.

4) Using the gross income receipts in the previous question, calculate Melindas total reportable 2011 gross income for federal income tax purposes. Please note that Melinda did not itemize deductions in 2010.

5) Rob and Mark are the same age. At age 22, Rob began saving $5,000 a year while Mark saved nothing. At age 45, Mark realized that he needed money for retirement and started saving $20,000 per year, while Rob kept saving $5,000. Now they are both 62 years old. How much in retirement savings will Mark and Rob have accumulated at age 62, assuming an annual interest rate of 6%?

6) To have $3,000,000 at the end of 30 years, what approximate rate of return must be earned if the investor is saving $20,000 each year?

Present your answer as a range of percentages covering a full 1%, for example between 6% and 7%

7) To have $1,000,000 at the end of 30 years, how much must be invested today if the account is earning 10% annually?

8) Nomar is considering the purchase of an $18,000 car. He plans finance 80% of the value of the car (he will put down 20% at the time of purchase) and is offered five-year financing at 7%.

What will be his monthly payment if financed with a 7% simple interest installment loan?

9) What will be the total finance charges for the car loan in Question 28? (Text from question 28 (Q13a): Nomar is considering the purchase of an $18,000 car. He plans finance 80% of the value of the car (he will put down 20% at the time of purchase) and is offered five-year financing at 7%.)

10) Nomar is considering the purchase of an $18,000 car. He is offered the same five-year financing at 7%.

What will be the total finance charges if Nomar decides to put 0% down?

11) Janet just got her credit card bill. The bill is for a 30 day billing period. The bill indicated that she started with a $900 balance, on day 14 charged $200, on day 20 charged $99, on day 26 paid $500. There was no other activity on the account during the 30 day period. What is her average daily balance for the month if calculated inclusive of new purchases on the day they were incurred?

12) What are the monthly finance charges for Janet for the billing cycle described above if charges are based on the average daily balance and a 12% annual rate of interest?