Question: Solve the quantitative tasks below using Python code for each task and answer the task separately using python in order. please help me 5. You

Solve the quantitative tasks below using Python code for each task and answer the task separately using python in order.

please help me

5. You decided to invest $2,000 a year for next ten years starting one year from today. If you make the annual contribution into an account paying 5%, how much will you have in 10 years? (Round to the nearest $1.)

a.$27,156

b.$25,156

c.$26,414

d.$25,500

6. What is the future value of an ordinary annuity with payments of $500 for 3 years if the discount rate is 10%?

a.$1,243.43

b.$1,367.77

c.$1,655.00

d.$1,820.55

7. You are considering buying a security that will pay $1,000 every year forever. If you buy the asset, you will start receiving the first $1,000 payment immediately (today). If the discount rate is 5%, what is the most you should be willing to pay for this security?

a.$21,000

b.$20,000

c.$22,000

d.$19,000

8.You are starting a four-year educational program today. Since you did not save enough money, you plan to take a loan of $10,000 each year for four years. The loan has an interest rate of 4.5%, and you are taking the first $10,000 installment today. You plan to finish your education in exactly four years. What will be the balance owing on your loan when you graduate? (Round to the nearest $1.)

a.$44,707

b.$42,782

c.$41,800

d.$40,000

9. Your mom is asking you for help with her retirement planning. She and your dad are hoping to start withdrawing from their retirement accounting beginning in one year from today, and they want to make sure that they have enough in the account to make annual withdrawals of $60,000 for 20 years. Their retirement account pays 8% annually. How much do they have to have now in the account? (Round to the nearest $1.)

a.$600,000

b.$622,313

c.$589,089

d.$636,216

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