Help me answer the following questions.,,,

Sarah borrowed $10,000 from her aunt to donate to charity. Sarah paid back $7,000 to her aunt at the end of 3 years. What was the average annual compound rate of interest on Sarah's loan from her aunt?

Billy purchased a certificate of deposit 5 years ago for $1700. If the certificate of deposit is due today in the amount of $2000, what is the average annual compound rate of return, assuming monthly compounding that Billy realized on his investment?

Gilbert purchased several gold coins for $30,000. Today, he sold the coins for $55,045.91. Gilbert estimated the average annual rate of return, compounded monthly, on the coins was 9%. Approximately how many years did Gilbert own the coins?

Carol has been investing $5,000 annually in her 401(k) at the end of each year for the past 10 years in an equity mutual fund. How much is the fund worth assuming she has earning 6% compounded annually on her investment?

Bill has been investing $10,000 at the beginning of each year for the past 5 years. How much has he accumulated assuming he has earned 7% compounded annually on his investment?

Stan expects to receive $20,000 at the end of each month for the next 25 years from a trust fund. His opportunity cost is 7% annually compounded monthly. What are these payments worth today?

Cathy wants to purchase an annuity where she can withdraw $15,000 at the beginning of each year for the next 20 years. She expects to earn 8% compounded annually on her investment. How much should she pay for the annuity?

Alvin has retired with a savings of $5,000,000. He wants to withdraw periodic payments at the beginning of each month for the next 20 years. He expects to earn 6% compounded monthly on his investments. How much can he receive each month?

Clay recently purchased his house for $200,000. He put down 5% and he financed the balance over 15 years at 5%. How much will Clay's monthly mortgage payment be?

Clay recently purchased his house for $200,000. He put down 5% and he financed the balance over 15 years at 4.5%. If Clay's first payment is due on January 1st of the currently year, how much interest can he deduct in the current year? How much interest can Clay deduct next year?

Clay recently purchased his house for $200,000. He put down 5% and he financed the balance over 15 years at 6.5%. How much interest will he pay over the life of the loan?

Q112Paul and Donna Decker are married taxpayers, ages 44 and 42, respectively, who file a joint return for 2020. The Deckers live at 1121 College Avenue, Carmel, IN 46032. Paul is an assistant manager at Carmel Motor Inn, and Donna is a teacher at Carmel Elementary School. They present you with W-2 forms that reflect the following information:

Paul - Salary $68,000, Federal tax withheld 6,770, State income tax withheld 1,400, FICA (Social Security and Medicare) withheld 5,202, Social Security numbers 111-11-1112

Donna - Salary $56,000, Federal tax withheld 6,630, State income tax withheld 1,100, FICA (Social Security and Medicare) withheld 4,284, Social Security numbers 123456789

Donna is the custodial parent of two children from a previous marriage who reside with the Deckers through the school year. The children, Larry and Jane Parker, reside with their father, Bob, during the summer. Relevant information for the children follows:

Larry Age 17, Social Security numbers 123-45-6788, Months spent with Deckers 9

Jane Age 18, Social Security numbers 123-45-6787, Months spent with Deckers 9

Under the divorce decree, Bob pays child support of $150 per month per child during the nine months the children live with the Deckers. Bob says that he spends $200 per month per child during the three summer months they reside with him. Donna and Paul can document that they provide $2,000 of support per child per year. The divorce decree is silent as to which parent can claim the exemptions for the children.

In August, Paul and Donna added a suite to their home to provide more com-fortable accommodations for Hannah Snyder (Social Security number 123-45-6786), Donna's mother, who had moved in with them in February 2019 after the death of Donna's father. Not wanting to borrow money for this addition, Paul sold 300 shares of Acme Corporation stock for $50 per share on May 3, 2020, and used the proceeds of $15,000 to cover construction costs. The Deckers had purchased the stock on April 29, 2015, for $25 per share. They received dividends of $750 on thejointly owned stock a month before the sale.

Hannah, who is 66 years old, received $7,500 in Social Security benefits dur-ing the year, of which she gave the Deckers $2,000 to use toward household expenses and deposited the remainder in her personal savings account. The Deckers determine that they have spent $2,500 of their own money for food, clothing, medical expenses, and other items for Hannah. They do not know what the rental value of Hannah's suite would be, but they estimate it would be at least $300 per month. Interest paid during the year included the following:

Home mortgage interest (paid to Carmel Federal Savings and Loan) - $7,890

Interest on an automobile loan (paid to Carmel National Bank) - 1,660

Interest on Citibank Visa card - 620

In July, Paul hit a submerged rock while boating. Fortunately, he was uninjured after being thrown from the boat and landing in deep water. However, the boat, which was uninsured, was destroyed. Paul had paid $25,000 for the boat in June 2019, and its value was appraised at $18,000 on the date of the accident.

The Deckers paid doctor and hospital bills of $12,700 and were reimbursed $2,000 by their insurance company. They spent $640 for prescription drugs and medicines and $5,904 for premiums on their health insurance policy. They have filed additional claims of $1,200 with their insurance company and have been told they will receive payment for that amount in January 2021. Included in the amounts paid for doctor and hospital bills were payments of $380 for Hannah and $850 for the children.

Additional information of potential tax consequence follows:

Real estate taxes paid - $6,850

Sales taxes paid (per table) - 1,379

Contributions to their church - 4,600

Appraised value of books donated to public library - 740

Refund of state income tax for 2019 (the Deckers itemized on their 2019 Federal tax return, and their total state and local taxes were less than $10,000) - 1,520

Compute net tax payable or refund due for the Deckers for 2020. If the Deckers have overpaid, the amount is to be credited toward their taxes for 2021.