only need help with the first two

Chapter 2 part 2 class assignments You want to retire with a $1,000,000 nest egg in 30 years - at 8% interest how much do you need to deposit each year You want to buy a new Mercedes Benz in four years - How much do you need to deposit cach year at 4.75% if the Mercedes will cost $44,000 You deposit $1,000 for 25 years in an investment club - if your rate of return is 12% how much will your investment be worth in 25 years Your friend thinks she will be a millionaire by putting $5,000 in an account each year for 40 years that pays 6.25% interest - will she be a millionaire? Formasa Plastics has major fabrication plants in Texas and Hong Kong. It is desired to know the future worth of $1,000,000 invested at the end of each year for 8 years, starting one year from now. The interest rate is assumed to be 14% per year. - How much money must Carol deposit every year starting. 1 year from now at 5.5% per year in order to accumulate $6000 seven years from now? I At age 30 you start to invest 5,000 per year in an investment that yields 6% - how much will you have at age 65? ( 35 years) Your best friend starts investing 15,000 per year at 6% at age 45 - how much will she have at age 65 (20 years) I want to buy an oil well 1 am told that it will produce $500,000 worth of crude next year. This oil well is drying up and will produce the following amounts of oil. Year 2$400,000 Year 3$300,000 Year 4$200,000 Year 5100,000 What is the present value of this oil well at 7% interest? Chapter 2 Part 2 continued What is the Present value of the following: Positive cash flow year 1=100 This increases by 100 thru year 7 Use 7% interest What is the present value of the following Positive cash flow year 1=100 This increases by 100 per year thru year 5 Use 10% interest Chapter 2 part 2 class assignments You want to retire with a $1,000,000 nest egg in 30 years - at 8% interest how much do you need to deposit each year You want to buy a new Mercedes Benz in four years - How much do you need to deposit each year at 4.75% if the Mercedes will cost $44,000