1. Future Value. Kyle has $1,000 in cash received for high school graduation gifts from various relatives. He wants to invest it in a certificate of . deposit (CD) so that he will have a down payment on a car when he graduates from college in five years. His bank will pay 6% for the five-year CD. How much will Kyle have in five years to put down on his car? 2. Future Value. Sandra wants to deposit $100 each year for her son. If she places it in a savings account that pays 5%, what amount will be in the account in 20 years? 3. Future Value. Luis wants to know how much he will have available to spend on his trip to Belize in three years if he deposits $3,000 today at an interest rate of 9%