Question 1 (Mandatory) (3 points) What is the future value of $4,500 on deposit for 4 years at 7% compound interest? Your Answer: Answer Question 2 (Mandatory) (3 points) What is the present value of the following payment stream, discounted at 1% annually: $150 at the end of year 1, $100 at the end of year 2, and $600 at the end of year 3? Your Answer: Answer Question 3 (Mandatory) (3 points) How much more is a perpetuity of $1000 worth than an annuity of the same amount for 10 years? Assume an interest rate of 3% and cash flows at the end of each period. Your Answer:

Question 1 (Mandatory) (3 points) What is the future value of $4,500 on deposit for 4 years at 7% compound interest? Your Answer: Answer Question 2 (Mandatory) (3 points) What is the present value of the following payment stream, discounted at 1% annually: $150 at the end of year 1,$100 at the end of year 2 , and $600 at the end of year 3 ? Your Answer: Answer Question 3 (Mandatory) (3 points) How much more is a perpetuity of $1000 worth than an annuity of the same amount for 10 years? Assume an interest rate of 3% and cash flows at the end of each period. Your Answer: Question 4 (Mandatory) (3 points) How much interest is earned in just the third year on a $1,000 deposit that earns 7% interest compounded annually? Your Answer: Answer Question 5 (Mandatory) (3 points) What is the present value of $100 to be deposited today into an account paying 3%, compounded semiannually for 14 years? Your Answer: Answer Question 6 (Mandatory) (3 points) What is the present value of your trust fund if you have projected that it will provide you with $50,00011 years from today and it earns 6% compounded annually? Your