Say your gross pay is $51,212 annually. You take home 85% of it. Figure out how much you take home monthly

1. In order to save $57,000 in five years, John will start saving money next month. He already has $10,000 in his account. The account is paying him 0.1 percent interest per month. In order to have $57,000 in five years, how much will he have to deposit into that account each month?  (Show work)

You pay $9.51 for lunch from Chipotle most days during the work week. 1. How much do you pay for these lunches if you get Chipotle 200 times per year? 2. If you would have invested that money in your 401(k) that has a 5% APR, how much money would you have at the end of one year?

Your employer automatically puts 5 percent of your salary into a 401(k) retirement account each year. The account earns 8% interest. Suppose you just got the job, your starting salary is $50000, and you expect to receive a 3% raise each year. For simplicity, assume that interest earned and your raises are given as nominal rates and compound continuously. Find the value of your retirement account after 35 years Value = $