1. Complete the table. Present Value Interest Rate 5.0% 6.0% Number of Periods Future Value $400.00 30 $1,000,000.00 $2,000,000.00 S1,000,000.00 $150,000.00 20 S50,000.00 16% 2. 10 years ago you purchased some land for $100,000. The current price of your land is $250,000. At that time 10 years ago, you could also invest your money in the stock market. Over the past 10 years, the stock market on average returned 8% per year. Did you make a right investment decision by purchasing the land? 3. You want to have $1,000,000 savings when you retire at the age of 65. You planned to make a one-time deposit into your retirement account and let it grow until you retire. Assuming that your retirement account earns 5% interest per year, how much you have to deposit if: a. If you are 20 years old. b. If you are 25 years old. c. If you are 30 years old