1. Your grandmother is in the hospital and is put on a liquid diet. After examining her chart, a mistake is found stating that her weight is 600 kg.

What is the equivalent weight in pounds? Round to the nearest pound.Blank 1

Is this weight resonable? Yes or No. Blank 2

12.00000 points

Question 2

When your grandmother gets out of the hospital she is so excited that she gave you some money. You decide to go to Canada where the exchange rate is 0.77 US dollars for every Canadian dollar (as of May 19, 2018). You have $10,000 US to take with you.

What is the equivalent value in Canadian dollars?  Round to the nearest dollar.

12.00000 points

Question 3

While in Canada, you rent a car and discover that the speed limit on the highway is 120 km/hr.

What is the equivalent value in mi/hr?  Round to the nearest whole number in mph.

12.00000 points

Question 4

While in Canada you end up in the ER. The doctor orders 180 mg of medicine to be given twice a day for pain. The nurse comes in with your morning medicine, gives you 4 tablets and tells you that there are 30 mg in each tablet.

Is this the correct dosage?  Yes or No.  Blank 1

If not, how many tablets should you get?Blank 2 tablets

12.00000 points

Question 5

The doctor finally figures out what is wrong with you and prescribes a medicine that will return you to full health. The order is for 50 mg of the medicine.

The nurse walks in with a liquid and you ask to see the bottle. The bottle says 100 mg of medicine per 15 ml of liquid.

How many milliliters should she give you?Blank 1

Would she need to bring that to you in a little cup, a glass, or a large bottle?Blank 2

12.00000 points

Question 6

The doctor has determined that the reason you fell ill is that you have a protein deficiency. Therefore, you determine to increase the amount of protein that you consume.

To begin this process, you have to figure out how much protein you should consume in a day.

For the sake of consistency, pretend you are a 25 year-old male. Refer to the table at https://diep219.wordpress.com/2012/04/14/protein-rda-protein-requirement-for-children-adult-men-and-women/

What is your recommended daily allowance for protein?  Write your answer in grams per day.

12.00000 points

Question 7

After looking at this list you are concerned that you may not be able to afford the food that you have chosen to provide enough protein for your diet. So, you decide to get the biggest bang for your buck by comparing the amount of protein for the price for which you can purchase the food. The following four items were priced at Wal-Mart on 5/19/2018.

Fill-in the column labeled Price per Gram of Protein.  Write your answers in terms of dollars, rounded to four decimal places.

16.00000 points

Question 8

Using the table you completed in the previous question, answer the following:

Which item is the best purchase in terms of price per gram of protein?

Were you surprised with any of your results?  Provide a full explanation.

Project 2

Question 1

Dean is planning to purchase a car for $28,560, with no down payment.

Assuming Dean qualifites for a 5 year loan at 2.9%, determine the value of his monthly payments on the car loan.   Round to the nearest cent.

15.00000 points

Question 2

Determine the total amount Dean will pay for his car if he finances the purchase.

Determine the amount of interest Dean will pay the creditor over the life of the loan.  10.00000 points

Question 3

Suppose Dean decides to save his money and buy the car later.

If he deposits the monthly payment you previously calculated into an account that pays 1.5% for 5 years.

How much will he have saved?

15.00000 points

Question 4

Discuss whether Dean should buy the car now or not.  Be sure to write a full paragraph, with at least five substantial sentences.  Be sure to support your explanations with facts.   You should express the disadvantages and advantages of each option.  You should use proper grammar.

15.00000 points

Question 5

Most all of us indulge in some way from time to time. Many would agree that doing so occasionally is perfectly fine. However, if we indulge too much, we may find that our budgets are unbalanced. Consider Simon’s coffee habit below.

Every Monday through Friday Simon purchases a coffee beverage for $4.72 at the local Sunbucks Coffeehouse on his way to work.  He does not visit Sunbucks on the weekends.

How much does he spend each week? $Blank 1

How much would he spend in a year, assuming he goes every week?

10.00000 points

Question 6

Instead of going to Sunbucks every day, Simon chooses to get healthy and not purchase the beverages anymore. He takes the amount he would spend per year and divides it into monthly investments.

How much does he invest each month?  Round to the nearest cent.

Let’s see how much he would have for retirement, depending on his current age.

Assume he will retire at age 65 and is able to find an investment yielding 1.2%. Fill-in the chart, using the Savings Plan Formula.  Round answers to the nearest dollar.

20.00000 points

Question 7

Were you surprised by the outcomes?   Can you think of another situation where you personally could change your habits and save money, like Simon did?

Be sure to write a full paragraph, with at least five substantial sentences. Be sure to support your explanations with facts.  You should use proper grammar.

Project 3

Question 1

1. 1. This article is written by .
   2. In President Trump’s campaign tax plan, he proposed reducing the number of tax brackets from to , and the House of Representatives’ original tax reform bill contained   However, the final bill kept the seven-bracket structure but with mostly lower tax rates.
   3. The marriage penalty has been effectively eliminated for everyone except married couples earning more than .
   4. The standard deduction has roughly doubled for all filers, but the personal exemption has been .
   5. The expanded Child Tax Credit, which is available for qualified children under age 17, doubles the credit from to , and also increases the amount of the credit that is refundable to .
   6. Earlier versions of the tax bill called for reducing or eliminating some education tax breaks, but the final version does not. Specifically, the Lifetime Learning Credit and are still in place, and the exclusion for graduate school tuition waivers survives as well.
   7. The mortgage interest deduction can only be taken on mortgage debt of up to , down from $1 million currently.
   8. The charitable contribution deduction is almost the same, but with two notable changes. First, taxpayers can deduct donations of as much as of their income, up from a  % cap.
   9. The threshold for the medical expenses deduction has been reduced from Blank 14 % of adjusted gross income (AGI) to % of AGI.
   10. Gone for the 2018 tax year are the deductions for:
       Casualty and theft losses (except those attributable to a federally declared Blank 16)
       • Unreimbursed employee Blank 17
       • Blank 18 preparation expenses
   11. Even though most major deductions are being kept in place, the higher standard deductions will make Blank 19 not worthwhile for millions of households.
   12. Republicans were unsuccessful in their efforts to repeal the Affordable Care Act, otherwise known as Obamacare, in 2017. However, the tax reform bill repeals the individual mandate, meaning that people who don’t buy health insurance will no longer have to pay a Blank 20.
   13. Perhaps one of the most significant, but least talked-about, provisions in the new tax bill is the switch in the way Blank 21 is calculated.
   14. It’s important to point out that most of the changes to individual taxes made by the bill are temporary — they’re set to expire after the Blank 22 tax year.

80.00000 points

Question 2

Did you learn anything new by reading this article?  If so, identify one new piece of information you learn.  If not, explain how you first learned of the new tax law.  This answer should include at least two, well-written sentences.

Identify one part of the new tax law that you feel will affect you the most, personally, and explain why.  This answer should include at least two, well-written sentences.