i need help with problems 1, 2, 3, 4, and 6

subject - personal finance

FINANCIAL PLANNING PROBLEMS 1. Determining the Future Value of Education. Jenny Lopez estimates that as a result of completing her master's degree, she wi earn an additional $8,000 a year for the next 40 years. a. What would be the total amount of these additional earnings? b. What would be the future value of these additional earnings based on an annual interest rate of 6 percent? (Use a financial calculator or Exhibit 1-B in the Chapter 1 Appendix.) 2. Comparing Living Costs. Luke Anderson is earning $48,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cost of living 12 percent higher than where he currently lives. What is the minimum salary Brad would need at his new job to maintain the same standard of living? 3. Calculating Future Value of Salary. During a job interview. Pam Thompson is offered a salary of $32,000. The company gives annual raises of 4 percent. What would be Pam's salary during her fifth year on the job? 4. Computing Future Value. Calculate the future value of a retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 5 percent. (Use a financial calculator or the tables in the Chapter 1 Appendix.) 5. Comparing Taxes for Employee Benefits. Which of the following employee benefits has the greater value? Use the formula given in the Financial Literacy Calculations feature to compare these benefits. (Assume a 28 percent tax rate.) a. A nontaxable pension contribution of $4,300 or the use of a company car with a taxable value of $6.325. b. A life insurance policy with a taxable value of $450 or a nontaxable increase in health insurance coverage valued at $340. 6. Comparing Employment Offers Bill Mason is considering two job offers. Job I pays a salary of $36,500 with $4,500 of non- taxable employee benefits Job 2 pays a salary of $34.700 and $6.120 of nontaxable benefits. Which position would have the higher monetary value? Use a 28 percent tax rate 7. Calculating the After Tax Value of Employee Benefits Helen Mine receives an LO