Answer:
$1,818,181.81 
Explanation:
Data provided:
Amount that will be provided a year = $50,000
Expected rate of return = 2.75%
Now,
The Present value of perpetuity is given as:
Present value of perpetuity =  
on substituting the respective values, we get
Present value of perpetuity =  
or
Present value of perpetuity = $1,818,181.81 
Hence, 
The amount that must be deposited today to fund this gift is $1,818,181.81
 
        
             
        
        
        
Answer:
Option B is correct (17.6)
Price-earnings ratio=17.6
Explanation:
option B is correct (17.6)
Given Data:
Net income=$90,000
Weighted-average common shares outstanding=18,000
Market price per share=$88
 Book value per share=$76
Required:
Price-earnings ratio=?
Solution:
Formula:
Price-earnings ratio=
Price-earnings ratio=
Price-earnings ratio=17.6
 
        
                    
             
        
        
        
Answer:
Spend 10% on clothing and 10% on entertainment.
Explanation:
There are some expenses that you can lower that will not radically affect your lifestyle while other expenses should be more important.
For example, you shouldn't try to save money by eating less or going to live in an ugly place where you pay a very small rent. 
If you want to save money, then you should cut some costs from non essential expenses like entertainment and new clothes.