Question: BUS methods homework,thank you so much for answer. 1. Problem One: Compute the Future Value of 10,000 USD (U.S. Dollars), 75 years from today, if

BUS methods homework,thank you so much for answer. BUS methods homework,thank you so much for answer. 1. Problem One: Compute

1. Problem One: Compute the Future Value of 10,000 USD (U.S. Dollars), 75 years from today, if the interest rate is 6.25%, assuming: (a) simple interest, (b) quarterly compounding, (c) verify your discrete compounding answer by using the FV function in Excel - as shown in class, (d) continuous compounding, 2. Problem Two: Compute the Present Value of 90,000 USD (U.S. Dollars), received 45 years from today, if the interest rate is 7.25%, assuming: (a) simple interest, (b) monthly compounding, (c) verify your discrete compounding answer by using the PV function in Excel - as shown in class, (d) continuous compounding. 3. Problem Three: A caring BMCC student decides to invest 500 USD for his descendants. Per his request, the funds will be invested for 200 years, at a nominal interest rate of 4.25%. Assuming continuous compounding, how much money will his descendants receive then? (Hint: Notice that you are being asked to find the Future Value of your investment)

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