Finance question about FV, PV, and tax
 Ben Collins plans to buy a house for $180,000. If the real estate in his area is expected to increase in value by 1 percent each year, what will its approximate value be seven years from now?
 If you desire to have $8,500 for a down payment for a house in four years, what amount would you need to deposit today? Assume that your money will earn 6 percent. 
 If a person spends $10 a week on coffee (assume $500 a year), what would be the future value of that amount over 7 years if the funds were deposited in an account earning 3 percent?
 If you borrow $14,000 with a 7 percent interest rate to be repaid in seven equal payments at the end of the next 7 years, what would be the amount of each payment?
 The Fram family has liabilities of $136,000 and a net worth of $346,000. What is the debt ratio?
 Carl Lester has liquid assets of $3,180 and current liabilities of $3,411. What is his current ratio?

Benjamin Jefferson, a single adult with no dependents, has chosen to itemize deduction and arrived at the following tax information: 
Gross salary  $  53,360  Interest earnings  $  210 
Dividend income  $  150  One personal exemption  $  3,700 
Itemized deductions  $  8,400  Adjustments to income  $  1,070 
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