Solve The Following Questions By Using Finacial Calculator Method

5) You just won the lottery and want to put some money away for your child's college education. College will cost a total $65,000in 18 years. You can earn 8% compounded annually. How much do you need to invest today? 6) At the end of each year for the next ten years you will receive cash flows of $50 after making an initial investment of $321 today. What rate of return are you expecting from this investment? 7) If you deposit $1,000 at the end of the next 15 years into an account paying 8% interest, how much money will you have in the account in 15 years? 8) An investment offers $2,500 per year for 8 years, with the first payment occurring one year from now. If the required return is 12%, what is the value of the investment? If you put up $85,000 today in exchange for an 8%, 10-year annuity, what will be the annual cash flow? 9) 10) At the end of each year for the next ten years you will receive cash inflows of $50 If the appropriate discount rate is 5% how much would you pay for the annuity? 11) Your plan is to raise $100,000 as quickly as possible. If you decide to invest $5,000 at the end of each of the next several years at 4% interest compounded annually, how long will it take you to reach your goal