Please help by providing explanation/step by step processes for solutions. Thank you!

1. A stock broker offers you an investment that is expected to quadruple your money in 6 years.

The exact annualized rate of return you are being offered on the investment is closest to: ______

2. You are buying a new home that costs $305,747 using a 30-year fixed rate loan at an interest rate of 5.9% with monthly payments.

The monthly loan payment is closest to: _______

3. You invest $6,080 in shares of General Electric (GE). You expect GE stock to earn an annual return of 12% per year.

The number of years it will take for the investment to grow to a value of $36,249 is closest to: _______

4. An investor is evaluating an investment that pays the following streams of cash flows:

• $25,992 in one year;
• $32,002 in two years;
• $49,152 in three years;
• $67,741 in four years;

At an interest rate of 5%, the present value of the stream of cash flows is closest to: _______