please answer and show how to do for like

3. Assume that an annuity pays $140 annually for 10 years starting five years from now with a discount rate of 8%. (In other words, cash flows start at year 5 and go through each year ending at year 14.) What is the present value of the given annuity today? (Today is year=0) (3 Points) 4. You would like to have $2,000,000 saved when you retire in 30 years. If you put aside $17,000 annually at the end of the year for the next 30 years, assuming your investments return 8% per year, can you meet your retirement goal? (Please show your work and state how much would you accumulate in 30 years.) (3 Points) 5. You decide to invest in your friend's business. In return tor providing initial capital of $24,000, your friend will pay you $3,500 each year for the next 15 years. What is the intemal rate of retum for this investment, assuming all the payments are made? (3 Points)