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Paint Inc. paid $420 in dividends and $600 in interest expense. The addition to retained earnings is $390. The tax rate is 34 percent. What

Paint Inc. paid $420 in dividends and $600 in interest expense. The addition to retained earnings is $390. The tax rate is 34 percent. What are the earnings before interest and taxes?

$1,326.67

$ 810.00

$1,500.00

$2,100.00

$1,827.27

invested $10,000 at a rate of 6% compounded annually. How long will it take for the investment to grow to $40,000?

4.00 years

50.00 years

23.79 years

1.33 years

21.88 years

If $300 will grow to $400 in 10 years, using the same rate of interest, how much will $250 be in 25 years?

$489.43

$557.32

$513.20

$444.86

none of the proposed choices

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