please answer all questions with work

1,2and 3

1. Tasha has just received a law suit settlement of $500,000. She wants to save this money until her daughter goes to college 6 years from now. She can earn an average of 4 percent per year, semiannually compounded on her savings. Assume she makes no further deposits or withdrawals. Round your answers to the nearest cent. a. (1 point) How much money will she have in her account when her daughter starts college? b. (1 point) How much interest on principal will she have earned by the time her daughter starts college? C. (2 points) How much interest on interest will she have earned by the time her daughter starts college? 1 2. (3 points) Consider the following mixed cash flow stream. What is the value of this cash flow stream in Time 2 dollars? The time periods are years and the applicable interest rate is 3%, annually compounded. Year 3 0 1 2 CF 100 0 200 350 3. (3 points) Peter wants to sell you an investment contract that pays equal $15,000 amounts at the end of each quarter for the next 20 years. The first payment will be three months (one quarter) from now. If you require an investment of this risk to return 8% per year, quarterly compounded, what is the most you would be willing to pay for this investment contract today? What will its value be 20 years from now