Please Answer to all sections in full details !!!!

Case# 2

Assume that you are nearing graduation and have applied for a job with a local bank. As part of the banks evaluation process, you have been asked to take an examination that covers several financial analysis techniques. The first section of the test addresses discounted cash flow analysis. See how you would do by answering the following questions.

1. If Wais just got retirement. His company pension plan will pay him $3000 at the end of each year for the next 20 years. He asks if he can receive the entire balance of his pension account today, so that he can merge this with other investments. How much money should his company give him today? The interest rate is 8%
2. Whats the difference between an ordinary annuity and an annuity due? What type of annuity is shown below? How would you change the time line to show the other type of annuity?

3. If Ab Moiz deposited $1500 at the end of each year for 15 years into his savings account. The bank charges 10% interest compounded annually. What will the balance be after 15 years?
4. Ghafoor & Sons wishes to borrow $10,000 for three years. A group of individuals agrees to lend him this amount if he contracts to pay them $16,000 at the end of the three years. What is the implicit compound annual interest rate implied by this contract (to the nearest whole percent)?

a. If Wais just got retirement. His company pension plan will pay him $3000 at the end of each year for the next 20 years. He asks if he can receive the entire balance of his pension account today, so that he can merge this with other investments. How much money should his company give him today? The interest rate is 8% (Marks = 2). b. What's the difference between an ordinary annuity and an annuity due? What type of annuity is shown below? How would you change the time line to show the other type of annuity? (Marks = 2) O 1 2 3 100 100 100 c. If Ab Moiz deposited $1500 at the end of each year for 15 years into his savings account. The bank charges 10% interest compounded annually. What will the balance be after 15 years (Marks = 2) d. Ghafoor & Sons wishes to borrow $10,000 for three years. A group of individuals agrees to lend him this amount if he contracts to pay them $16,000 at the end of the three years. What is the implicit compound annual interest rate implied by this contract (to the nearest whole percent)? (Marks=2)