Please answer questions below and show work!!

Question 1:

a) What is the future value of $24,000 lump sum paid today in 5 years with a 12% interest rate?

b) What is the present value of $1.2 million lump sum received 9 years from today using a 7.25% interest rate?

c) What rate would you need on a mortgage to be equivalent to a bond that paid out a rate of 10.25%?

d) Please recreate the annuity table on slide 31 using $125,000 annually for 5 years.

e) What is the present value of 75,000 paid monthly for 120 months when discounting at a rate 8.5%

f) If you invested $10 million 10 years ago, and received $25 million on the sale, what would your rate of return equal?

g) If you bought a property for $10 million 10 years ago, and received $25 million on the sale, and at the time of sale you took out a mortgage equal to 75% of the purchase price that had a 7% rate and a 30 year amortization schedule and the property generated $70,000 a month in rent, what would your rate of return equal?