How much should deposit quarterly into a retirement

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Problem 1: Olney Science Corporation has total assets of $275,000 and total debt of $100,000. If it has 40,000 shares outstanding, what is the book value per share?

Problem 2: You plan to retire with $1,000,000 savings. How much should you deposit quarterly into a retirement saving account that pays 14 percent annual interest if you plan to retire in 30 years? (Note: Compounding matches the deposit frequency. Answers are rounded.)

Reference no: EM132742080

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