Question: please answer all of them please dont just answer one 22. Assume that a gallon of milk costs $3.50 today. If the average amual inflation

please answer all of them please dont just answer one please answer all of them please dont just answer one 22. Assume

22. Assume that a gallon of milk costs $3.50 today. If the average amual inflation rate over the past 35 years was 2.75%p.a, what did a gallon of milk cost 35 years ago? 23. What is the future value on the day of the last deposit of 25 annual deposits of $750 per year (first deposit to be made today) given an interest rate of 5.5% p.a? 24. Assume that I will deposit $750 into an account exactly 10 years from today. How much will be in my account at the end of year 60 (1.e., 60 years from today), assuming that my account pays interest of 4.5%p.a? 25. The ShortHolder bank pays 5.60% p.a., but with daily compounding assume a 360-day year), on a 9. month certificate of deposit. If you deposit $20,000 you would expect to earn in interest (rounded to the nearest dollar)

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