Isabel lopez from lewiston, idaho, who is 19 years old, recently received an inheritance of $54,000 from her grandmother's estate. she plans to use the money for the down payment on a home in ten years when she finishes her education. right now the funds are in a savings account paying 4.0 percent apy. how much would isabel have in ten years if instead she purchased a ten-year cd paying 6.0 percent? round your answer to the nearest dollar. (hint: use appendix a.1 or visit the garman/forgue companion website.) round future value of a single amount in intermediate calculations to four decimal places.

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.