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Saben is 40 and wants to retire in 20 years. His family has a history of living well into their 90s. Therefore, he would like to plan on living until age 100, just in case. He currently needs $100,000 and expects that he will need about 80% of that if he were retired. He can earn 9 percent in his portfolio and expects inflation to be 3 percent annually. Some years ago, he purchased an annuity that is expected to pay him $30,000 per year beginning at age 60. It includes an inflation rate cost of living adjustment. In addition, he received $500,000 from his uncle BJ when he died. Saben has spent $200,000 on his home but is investing $300,000 for his retirement. His Social Security benefit in today’s dollars is $20,000. Which of the following statements is true?

Kerri just read that 40 years ago, milk was about $1.15 per gallon and today it is about $6 per gallon. She thought that seemed very high, especially if she can only earn 7% from her investments. She also thought that she would need about $3 million for retirement in today’s dollars. If inflation is the same in the future as it has been over the last 40 years for a gallon of milk, how much will Kerri need to have accumulated when she retires in 30 years?

A peace officer may arrest, without warrant, for which of the following?

A search warrant must be executed within how many days, exclusive of the day of issuance and day of execution? 

_________ is the security given by the accused that he will appear and answer before the proper court the accusation brought against him. 

Officer Perez was searching John’s Vehicle with his effective consent, but without a warrant,  when he observed  illegal evidence in plain view. Does Officer Perez needs a warrant to recover it?

Which article governs the issuance of an arrest warrant by a magistrate? 

The statute of limitations for most felonies in Texas is: 

A nurse is preparing to administer hydromorphone 4 mg IV bolus. Available is hydromorphone 10 mg/mL. How many mL should the nurse administer per dose?

Two discrete random variables X and Y have the joint probability function f(x,y): f(x,y) y=0 1 2 x=1  0.10 0.20 0.10 2 0 0.10 0.10 3 0.20 0 0.20 Find the probability  ,  where    denotes the maximum value of x and y.