Start here: Summary Table Problem Brief Solution Weight 10% 40% 10% 18. d 10 2 3 25% 18. Problem 1: You have won the lottery and have received $ 12,000. As a financial expert, you are analyzing different options to invest this money: a. Calculate the future of 12.000 , given that it will be invested for 10 years at annual interest rate of 8%. b. Recalculate part (a) using compounding period that is bimonthly. c. Now, lets look at what might happen if you invest the money at a rate 12% rather than 8%; recalculate part (a) for a semiannual interest rate. d. With respect to the changes in the interest rate and length of time the money is invested in parts a and c, what conclusion can you draw? Picture the problem, decide on a solution strategy, solve and analyze (40p). Problem 2: If you deposit 100,000 S today into an account earning an annual rate of return of 11%, in the third year how much interest would be earned? Picture the problem, decide on a solution strategy, solve and analyze (25p). Problem 3: You are offered 150,000 S today or 300,000 $ in 15 years. Assuming that you can ear 11% on your money, which should you choose? Picture the problem, decide on a solution strategy, solve and analyze (25p). Problem 4: Explain the difference between General Partnership and Limited Partnership as a legal form of business organization (10 p)