1. Jody wants to have $3 million in her 401K plan in 45 years. If her return will be 8%, how much does she need to contribute each month?
2. Violet solutions Ltd. has net sales of $850 million, variable operating costs of $475 million, and fixed operating costs including depreciation of $100 million. what is the net operating income of violet solutions?
3. Celeste just borrowed 40,000 dollars. She plans to repay this loan by making equal quarterly payments of 1,947.85 dollars for 28 quarters. If she makes her first quarterly payment later today, then what is the quarterly interest rate on the loan? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.