I'm stuck with this assignment. Please explain and gives example. In letter( C) select in #1 it either yes or no and #2 it either more or less.

Chapter 2 Financial Planning Exercise 6 Calculating present and future values Use future or present value techniques to solve the following problems. a. If you inherited $85,000 today and invested all of it in a security that paid a 13 percent rate of return, how much would you have in 20 years? Round the answer to the nearest cent. Round Fit-factor to lree decimal places. Calculate your answer based on 'd'1e FVfactor. $ Calculate your answer based on the nancial calculator. $ b. If the average new home costs $280,000 today, hoy.I much will it cost in 7' years if the price increases by 6 percent each year? Round the answer to the nearest cent. Round Flt-factor to three decimal places. Calculate your answer based on 'd'1e FVfactor. $ Calculate your answer based on the nancial calculator. 5F c. You forecast that in 8 years it will cost $236,000 to provide your child a 4year college education. wm you have enough if you take $85,000 today and invest it for the next 8 years at 8 percent?I Round the answer to the nearest cent. Round Fill-factor and FHA-factors to three decimal places. I , you will have approximately $ '3. than your estimate of $236,000. d. If you can earn 9 percent, boy.I much will you have to save each year if you want to retire in 30 years with $1.4 million? Round the answer to tile nearest cent. Round FURfactor to three decimal places. Calculate your answer based on the FVAfactor. $ Calculate your answer based on the nancial calculator. $ h J\