Reference no: EM133002585

Problem 1: Do some reading in periodicals? and on the Internet to find out more about the? Sarbanes-Oxley Act's provisions for companies. Select one of those? provisions and indicate why you think financial statements will be more? trustworthy if company financial executives implement this provision of SOX.

Problem 2: If Bob and Judy combine their savings of $1,260 and $975?, respectively, and deposit this amount into an account that pays 2% annual? interest, compounded? monthly, what will the account balance be after 4 years?

Problem 3: Misty needs to have $23,000 at the end of 8 years to fulfill her goal of purchasing a small sailboat. She is willing to invest a lump sum today and leave the money untouched for 8 years until it grows to $23,000?, but she wonders what investment return she will need to earn to reach her goal. Use your calculator or spreadsheet to figure out the annually compounded rate of return required if she could invest $16,200 today.