0 / 1 pts Incorrect Question 1 What is the present value of the following set of cash flows, discounted at 15% per year? Year 1 2 3 4 $100 $200 Cash flow -$100 -$200 28.51 0 / 1 pts Incorrect Question 6 Suppose you receive $100 at the end of each year for the next three years. What is the future value in three years at 8% interest? 324.61 0 / 1 pts Incorrect Question 22 Suppose that a young couple has just had their first baby and they wish to insure that enough money will be available to pay for their child's college education. They decide to make deposits into an educational savings account on each of their daughter's birthdays, starting with her first birthday. Assume that the educational savings account will return a constant 9%. The parents deposit $2400 on their daughter's first birthday and plan to increase the size of their deposits by 7% each year. Assuming that the parents have already made the deposit for their daughter's 18th birthday, then the pmount available for the daughter's college expenses on her 18th birthday is closest to 116,768.77