Question: Q1.Find the present value (in dollars), in two decimal places, of $1000 in four years time if the discount rate 3.4% compounded semi-annually. Q2. A

Q1.Find the present value (in dollars), in two decimal places, of $1000 in four years time if the discount rate 3.4% compounded semi-annually.

Q2. A deposit of $5000 is put into an account earning interest at the annual rate of 10%,with interest paid quarterly. How much (in dollars) will there be in the account after eight years? Round your answer to 2 decimal places.

Q3. Suppose the sum of $5 000 is invested in an account earning interest at an annual rate of 9.5%. What is the balance after eight years, if interest is compounded continuously? Round your answer to 2 decimal places.

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