On March 1, Bartholomew Company purchased a new stamping machine with a list price of $74,000. The company paid cash for the machine; therefore, it was allowed a 5% discount. Other costs associated with the machine were: transportation costs, $1,700; sales tax paid, $3,920; installation costs, $1,200; routine maintenance during the first month of operation, $1,600. The cost recorded for the machine was:

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?