I have three personal finance questions that I need answered within 2 1/2 hours. Thank you.

1. (TCO A) Use future or present value techniques to solve the following problems. (Note: You can use tables or a financial calculator. If you use a calculator, please provide the inputs you used to solve the problems.) (5 points each = total 20 points) a. Starting with $20,000, how much will you have in 20 years if you can earn 5% on your money? b. If you inherited $100,000 today and invested all of it in a security that paid an 8% rate of return, how much would you have in 15 years? c. If the average new home costs $200,000 today, what will be the value in 10 years if inflation is 4% per year? d. If you can earn 9% per year, how much will you have to save each year if you want to retire in 40 years with $3 million? 2. (TCO A) Construct a balance sheet for the Jones family from the following information. Be sure the format is correct. (20 points for balance sheet) Is the Jones family solvent or insolvent? Explain. (5 points) Show all work. (25 points total for problem) Cash on hand $500 Bank credit card balance 5,000 Auto loan balance Mortgage 20,000 150,000 Primary residence (FMV) 225,000 Jewelry 1,000 Stocks Stamp collection 2010 Acura 10,000 1,500 20,000 3. (TCO B) Jack has taxable income of $65,000. He is a single tax filer, and his federal income tax rates on the first $8,350 is 10%; it is 15% on income from $8,350 to $33,950 and 25% on income from $33,950 up to $82,250. What is Jack's federal income tax liability, what is his marginal rate, and why would he care? Finally, what is his average federal tax rate? (10 points for each part of the question for a total of 30 points) Show all of your work for full credit