Please see the attachment file and answer them correctly

(Fill up the blank only) 1Future Value Computation Sam Smith deposited $5,000 in a savings account today. The deposit will earn interest at the rate of 8%. How much will be available for Sam to withdraw in three years, assuming interest is compounded (a) annually, (b) semiannually, and (c) quarterly? Use Excel or a financial calculator for computation. Round answers to the nearest whole number. (a) Annually (b) Semiannuall y (c) Quarterly $Answer $Answer $Answer 2Present Value Computation Pete Frost made a deposit into his savings account three years ago, and earned interest at an annual rate of 8%. The deposit accumulated to $25,000. How much was initially deposited assuming that the interest was compounded (a) annually, (b) semiannually, and (c) quarterly? Use Excel or a financial calculator for computation. Round answers to the nearest dollar. (a) Annually (b ) Semiannually (c) Quarterly $Answer $Answer $Answer 3Present Value Computation Kerry Bales won the state lottery and was given four choices for receiving her winnings. 1. Receive $400,000 right now. 2. Receive $432,000 in one year. 3. Receive $40,000 at the end of each year for 20 years. 4. Receive $36,000 at the end of each year for 30 years. 3Assuming Kerry can earn interest of 8% compounded annually, which option should Kerry choose? Use Excel or a financial calculator for computation. Round answers to the nearest dollar. (a) 1. (a) 2. (a) 3. (a) 4. $Answer $Answer $Answer Answer (b) ' 4Future Value Computation Kumari Jennings has decided to start saving for his daughter's college education by depositing $2,500 at the end of every year for 18 years. He has determined that he will be able to earn 6% interest compounded annually. He hopes to have at least $70,000 when his daughter starts college in eighteen years. Will his savings plan be successful? Use Excel or a financial calculator for computation. Round answer to the nearest dollar. a. $Answer $Answer 0 5. Calculate the present value of each of the following items. Round all answers to the nearest whole number. a. $90,000 ten years hence if the annual interest rate is 1 . Eight percent compounded annually. 2 . Eight percent compounded semiannually. 3 . Eight percent compounded quarterly. $Answer 0 $Answer 0 $Answer 0 b. $1,000 received at the end of each year for the next eight years if money is worth ten percent per year compounded annually. $Answer 0 c. $600 received at the end of each six months for the next fifteen years if the interest rate is eight percent per year compounded semiannually. $Answer 0 d. $500,000 inheritance ten years hence if money is worth ten percent per year compounded annually. $Answer 0 e. $2,500 received each half year for the next ten years plus a single sum of $85,000 at the end of ten years if the interest rate is twelve percent per year compounded semiannually. $Answer 0 6Calculate the future value if each of the following items. Round all answers to the nearest whole number. a. $50,000 deposited in a savings account for ten years if the annual interest rate is 1. Twelve percent compounded annually. 2. Twelve percent compounded semiannually. 3. Twelve percent compounded quarterly. $Answer 0 $Answer 0 $Answer 0 b. $5,000 received at the end of each year for the next ten years if the money earns interest at the rate of four percent compounded annually. $Answer 0 c. $3,000 received semiannually for the next five years if the money earns interest at the rate of eight percent compounded semiannually. $Answer 0 d. $1,000 deposited each year for the next ten years plus a single sum of $15,000 deposited today if the interest rate is ten percent per year compounded annually. $Answer 0