The Keller’s determined that they can reduce their mortgage…

The Keller’s determined that they can reduce their mortgage interest rate from 10% to 4%. The value of homes in their neighborhood has been increasing at the rate of 5% annually. If the Keller’s were to refinance their house with $3,000 in closing costs added to the mortgage balance ($277,000) over a period of time which coincides with their chosen retirement age in 20 years, what would be the monthly payment for principal and interest?

Abe and Miriam would like to help fund the cost of their gra…

Abe and Miriam would like to help fund the cost of their grandchildren’s college expenses using a 529 plan.  They have a large estate and would like to begin gifting for estate planning purposes.  What is the maximum amount that Abe and Miriam can gift to each of their grandchildren this year if they haven’t used any of their lifetime exemption or without incurring a gift tax?

Consider the following set of population data and calculate…

Consider the following set of population data and calculate the standard deviation. {13, 13, 20, 17, 20, 16, 17, 13, 20, 19} Make sure to type in your answer rounded to 2 decimal places. So if you thought the answer was 65.4321 then you would type in 65.43

Is it possible to construct a data set that contains only 5…

Is it possible to construct a data set that contains only 5 values where the standard deviation is 0 and the mean is 17? If it is not possible, then explain why it is impossible. If it is possible, then construct a data set that satisfies those conditions and write your answer in the following format: {Value1, Value2, Value3, Value4, Value5}

Consider the following sample data shown below. Calculate th…

Consider the following sample data shown below. Calculate the mean for this data set. {1.5, 10.5, 18, 12.75, 13.5, 30, 19.5, 7.5, 34.5, 25.5} Make sure to type in your answer rounded to 2 decimal places. So if you thought the answer was 65.4321 then you would type in 65.43