You believe you could live on $7,000 per month today. What is the equivalent amount of money to the $7,000 (in terms of cost of living), 20 years from today, if it is adjusted for 3% annual inflation?

Question 12 options:

A)	$12,642.78

B)	$2,298,113.99

C)

$7,000.00

D)

$9,238.25

Ten years ago, you invested $5,000 in IBM stock, which grew at an annual rate of 13% during that time. You wish to withdraw the money today and invest in Google stock, which is expected to earn 15% per year for the next ten years. How much money will you have 10 years from now?

Question 14 options:

A)	$61,895.23

B)	$23,152.36

C)	$126,351.22

D)	$68,664.60