$5$G $$:

$7$:$19$

Assignment$[1]$

$$

$$

$....$

Write the appropriate formula or equation before performing calculation.

An annuity pays $$10$ per year for $98$ years. What is the present value $($PV$)$ of this annuity given that the discount rate is $8\%?(2$ marks$)$

A grandmother wishes to leave a provision in her will that $$7000$ will be paid annually in perpetuity to a local charity. How much must she provide in her will for this perpetuity if the interest rate is $7\%?(2$ marks$)$

If the current rate of interest is $7\%,$ calculate the future value $($FV$)$ of an investment that pays $$1200$ per year and lasts $20$ years. $(2$ marks$)$

Consider a project with the following cash flows

$\backslash$table$[[$Year$,$Cash Flow$],[0,-12,000$