In Figure 9-1, you saw that corporations have sales of about $ 10,914,000,000,000 (written as $ 10,914 billion)There are about 96,400,000 households in the United States. How many doilars of corporate sales are there per household? If the average household has 2.63 people, is your answer con sistent with the information in this book that indicated that corporate sales are about \$43,000 per person ?

You wish to retire in 13 years, at which time you want to have accumulated enough money to receive an annual annuity of $23,000 for 18 years after retirement. during the period before retirement you can earn 9 percent annually, while after retirement you can earn 11 percent on your money. what annual contributions to the retirement fund will allow you to receive the $23,000 annuity? use appendix c and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.