I need help answering a few questions on an study guide.

2. You believe that you will have the kind of lifestyle in 40 years when you plan on retiring that will require $200,000 a year for about 20 years. If the current rate of return on your retirement portfolio is 12% per year with inflation running about 5%, how much will you have tot save each MONTH until retirement in order to meet your retirement goal? (You are starting with $200 and want to leave about $20,000 for the family cat at the end of the year) 4. Bill and Betty Jacobs jointly earn $42,000 per year AFTER taxes. Through an inheritance and some good investing, they now have a portfolio of securities worth $90,000. A. How much of their annual income do you suggest they hold in a liquid savings as reserves? Why? B. How much should they hold in savings and short-term investment securities in their portfolio? C. How much, in TOTAL, should they hold in short-term liquid assets? 5. Allan recently received his monthly MasterCard bill for the period June1-30, 2008, and wants to verify the monthly finance charge calculation, which is assessed at a rate of 15% per year and based on an average daily balance plus new purchases. His outstanding balance, purchases, and payments are: Pervious Balance Purchases: June 4 June 12 June 20 June 26 $386.00 $137.00 $78.00 $98.00 $75.00 Payments: June 21 $35.00 What is his Average Daily Balance and finance charges for the period? 6. Calculate the principal owed at the end of the 12'th year for a 30-year, $180,000 mortgage at 7.75% annual interest with monthly payments. 7. Amortize the 16'th, 31'st, and 51'st payments for a 5-year car lease. The amount is for $18,250 and the interest rate is 9% Payments are monthly and begin NOW! 8. How much money would a prospective homeowner need in order to close on a house that cost $100,000. Calculate based on a 20% down payment, 2 discount points, a one-point origination fee, and a $1,400 in other \"miscellaneous\"\" fees. 9. Chris Kyle is a professional bull rider. During the SA Stock Show in January, Chris rides the \"Whipper\" and is seriously injured from a bad fall. Nevertheless, he survives the accident after going to the hospital. Chris remained there for 60 days of treatment. While in hospital, he incurred the following expenses: surgical $2,500, physician $1,000, hospital room and board $250 per day, nursing services $1,200, anesthetics $600, wheelchair $100, ambulance $150, Rxdrugs $350. Chris has a major medical policy with a $3,000 deductible clause, an 80% coinsurance provision, internal limits of $180 per day for hospital room and board, and with a $1,500 limit for surgical fees. There are no disability income benefits. A. Explain the policy provisions as they relate to deductibles, co-insurance and internal limits? B. How much does the insurance pay and how much will Chris pay out-of-pocket? C. What other protection should Chris have had