1. For the next 14 years, you decide to place $3,468 in equal year-end deposits into a savings account earning 14.81 percent per year. How much money will be in the account at the end of that time period?
2. To ascertain whether Amazon is an appropriate aspirational peer for Etsy in that it provides a positive financial role model, evaluate trends in both Etsy and Amazon’s financial performance, using peer group analysis and ratio analysis to evaluate these firms’ relative performance in the following three areas: asset management profitability, and use of leverage.