10. Present and Future Value Instructions: After studying the educational resources assigned in this module related to financial statement analysis through indicators, solve the following problems. Use a financial calculator to solve the problems. It is important to include the procedure and briefly explain how you obtained each result. Keep in mind that the rubric also includes a criterion for evaluating the correct use of language, grammar, spelling, and syntax. A. Problems Before starting her college studies, Rita Rivera's parents deposited $15,000 in a 5-year certificate of deposit (CD) at Liberty Bank that pays 4% interest. Rita will receive the money, plus interest, if she completes her bachelor's degree at the end of the 5 years. Determine the balance in Rita's account after 5 years. Suppose a Puerto Rico government bond pays $3,255.80 in 4 years at 4% interest. Calculate the present value of the bond. Determine the value of the bond assuming it will mature in 6 years at 5% interest. Determine the present value of $2,500,000 to be paid after 25 years if the discount rate is 7%. Suppose the U.S. Federal Reserve offers a bond for $635.20 with an 8-year maturity. You won't have to make any payments until the maturity date, at which point you will receive $950. Calculate the interest rate if you decide to buy it. Determine the interest rate if you manage to buy it at a price of $555. Suppose Liver Corporation earned $1.57 per share in 2010 and after 8 years, in 2018, the company earned $3.10. Determine the growth rate of earnings per share (EPS) over the 8 years. If an investor intends to double $25,000 by investing in a bank that pays 7% interest per year, determine the time it would take to double the investment. If you save money starting at age 20 and save $4 daily, and at the end of the year, you invest all the savings in an investment fund account with an annual return of 7%, determine the balance of the account when you reach age 62. Suppose Land River Company decides to acquire a housing complex in 6 years and estimates it can save $15,000 per year. The company deposits the money at the end of the year in World Central Bank at 5% interest. Calculate the balance after 6 years and calculate the account balance if the rate decreases to 4%. The family lawyer notified you that you are the sole heir to your lost uncle's legacy. You have two options to receive the inheritance: receive $500,000 at the end of each of the next 10 years or receive a lump sum payment of $2,500,000. Determine which option is better. Calculate the Present Value of an Ordinary Annuity (PVA) that includes 12 payments of $200 and an interest rate of 9%