Show all computations and give explanation where it is required 1.You have been approached by a reputable firm to invest $1,050,000.00, you currently have in the bank, for an expansion project in the firm. The firm offers you that in three (3) years, your initial investment of $1,050,000.00 will grow to $1,500,000.00. Calculate the average annual interest rate of an initial investment of $1,050,000.00, and future value of $1,500,000.00, for 3years (N). 2. You need $3,000.00 to begin your first semester at Galen in 2 years. Determine the amount you would need to open your account today to achieve your $3,000 budget lif your bank is paying 5% interest rate per annum. 3.Calculate the PV of a series of cash flows at 8% interest rate per annum, and NPV at the end of the term. The series of cash flows are as follows: $350,000 today, $400,000 at the end of period 1, -$200,000 at the end of period 2, and $450,000 at the end of period 3