Do all calculations using $9$ decimal places, retain the $9$ decimal places throughout the

calculations, then when you report answers round to $2$ decimal places. Examples: If the answer

is in years: i$.$e$.,9\mathrm{.}5576$ report $9\mathrm{.}56$ years. If the answer is in dollars, i$.$e$.,$ $$56\mathrm{.}987\mathrm{.}555$ report to

the nearest cent $$56,987\mathrm{.}56.$ If the answer is in percentage terms i$.$e$.,10\mathrm{.}4478\%$ report $10\mathrm{.}45\%$

If the answer is in times i$.$e$.,4\mathrm{.}783$ report $4\mathrm{.}78$ times. You need to be very precise with rounding

and reporting. For instance, if the answer is $9$ times you must report $9\mathrm{.}00,$ the homework grading

program will count $9$ as incorrect, it would count $9\mathrm{.}0$ as incorrect, everything must be carried or

rounded to two decimal places. Another example if the answer is $$48,000,$ you must report

$48,000\mathrm{.}00.$

Problem $1$: Calculating Future Values. For each of the following, compute the future value:

Problem $2$: Calculating Present Values. For each of the following, compute the present value: