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1. What three items of importance does the balance sheet reveal about the financial position of Starbucks over the last two years?

2. How much must be deposited (rounded) in a savings account paying 11% interest (compunded annually) if the account is to be worth 2076.16 after 7 years?

3. You will get $500 every year starting two years from today (t=2) until 15 years from today (t=15) which you will deposit into an account earning 5% p.a. How much money will be in this account 20 years from today (t=20)?

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