Question: (Note: Please show ALL RELEVANT WORK PROCESS III) 1. Finding the required interest rate Your parents will retire in 18 years. They currently have $250,000,

(Note: Please show ALL RELEVANT WORK PROCESS III) 1. Finding the required interest rate Your parents will retire in 18 years. They currently have $250,000, and they think they will need $1,000,000 at retirement. What annual Interest rate must they earn to reach their goal, assuming they don't save any additional funds? 2. Present and future values of a cash flow stream An Investment will pay $100 at the end of each of the next 3 years, $200 at the end of year 4, $300 at the end of year 5, and $500 at the end of year 6. If other investments of equal risk earn 8% annually, what is its present value? Its future value

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