Question: need help answering all the questions Homework Instructions Answer all questions below. Make sure to show your work. Your answers must be typed. (TOTAL -

need help answering all the questions need help answering all the questions Homework Instructions Answer all questions below.

Homework Instructions Answer all questions below. Make sure to show your work. Your answers must be typed. (TOTAL - 50 POINTS) 1. What are the three principal forms of business organization? What are the advantages and disadvantages of each? 2. What is the future value of $30,000 on deposit for 10 years at 7? What is the effect of compounding (Hint: compute compound interest 3. What is the present value of a security that will pay $5,000 in 20 years if securities of cqual risk pay 7% annually? 4. Assume that year from now you plan to deposit $1,000 in a savings account that paysa nominal rate of 8% 2. If the bank compounds interest annually, how much will you have in your account 4 years from now b. What would your balance be 4 years from now if the bank used quarterly compounding rather than annual compounding! c. Suppose you deposited the S1,000 in 4 payments of $250 cach at the end of Years 1. 2.3. and 4. How much would you have in your account at the end of Year 4 based on 8% annual compounding! 5. Your parents will retire in 18 years. They currently have $250,000, and they think they will need $1 million at retirement. What annual interest rate must they can to reach their goal, assuming they don't save any additional funds? 6. If you deposit money today in an account that pays 6.5% annual interest, approximately how long will it take to double your money! 7. If you deposit money today in an account and it will take 8.5 years to double your money. what interest rate must you carn

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