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Incorrect Question 47 0/2 pts Gina and Erin are twins. Starting at the age of 25 and lasting 10 years, Gina puts $4000 into a tax-deferred savings account at the end of each year. She earns 5% interest. She stops making contributions but leaves the money in her retirement account for another 30 years, still earning 5% interest. Erin starts saving for retirement at the age of 35 and, to catch up with Gina, puts $4,500 in her tax- deferred account for each of the next 30 years. Erin also earns 5% interest on her investment during this period. At the age of 65, how do their retirement account accumulations compare? Gina has about $81,500 more than Erin Gina has about $165,000 more than Erin Erin has about $165,000 more than Gina Erin has bout $81,500 more than Gina Gina and Erin have roughly the same amount Incorrect Question 41 0/2 pts Think of an automobile currently priced at $25,000. If the price of cars increases by 4% per year, what will be the approximate price of an equivalent vehicle 5 years from now? (Hint: the inflation rate can be treated as an interest rate.) $25,526 $30,388 $30,418 $135,408 $ 107,753 Incorrect Question 39 0/2 pts Andrea purchased 250 shares of PAC stock for $37 per share and sold this same stock one year later for $44 per share. He paid commissions of $15 when he purchased the stock and $10 when he sold the stock. Dividends of $1.50 per share were paid during the year. The total rate of return on this investment was 17.9 percent 19.3 percent. 22.9 percent. 18.9 percent. 22.7 percent. Incorrect Question 37 0/2 pts You are considering investing in ABC, Inc. The current price of ABC, Inc. is $62 a share, the after-tax earnings are $37,900,000, and there are 13,000,000 outstanding shares of common stock. What is ABC, Inc.'s price/earnings ratio? 15.5 47 21.3 4.8 17.6

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