An airport in japan is planning to purchase a parcel of land for building additional executive hangars in five years. the price of land currently is $2,000,000. the average inflation rate is 5 percent in the next five years. how much should the airport invest in a uniform amount per year for five years in an account that pays 8 percent interest annually to be able to purchase the land in five years?

On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock