Question: Bx2014 Tutorial 2 practices 1. We need to calculate the future value of $1000 at 8% for four years. What is future value factors? What

Bx2014 Tutorial 2 practices 1. We need to calculate the future value of $1000 at 8% for four years. What is future value factors? What is future value? We need the present value of $100000 to be paid in six years at 11%. What is discount factors? What is present value? 2. Suppose you invest, say, $100. You will have $200 in 12 years with this investment. So, $100 is the amount you have today, the present value, and $200 is the amount you will have in 12 years, the future value. From the basic present value equation. we have: 3. Assume the total cost of a university education will be $235000 when your child enters university in 18 years. You presently have $53000 to invest. What annual rate of interest must you carn on your investment to cover the cost of your child's university education

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