Question: please show all work and equations and ill rate thumbs up! thank you! 8. (10 points) Computational a. (5 points) You are to make monthly
please show all work and equations and ill rate thumbs up! thank you!8. (10 points) Computational a. (5 points) You are to make monthly deposits of $250 into a retirement account that pays 1 percent per month. If your first deposit will be made at the end of the month, how large will your retirement account be in 45 years? b. (5 points) You have cash flows of $100 at the end of year 1, $200 at the end of years 2, $300 at the end of year 3, $400 at the end of year 4, and $500 at the end of year 5. Assume the interest rate is 11% for all periods. What is the present value of all of the cash flows today
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