TIPS:

Evaluate your result from a commonsense perspective

Remember to check BGN v$.$ END $($annuities$)$

The order in which you enter variables doesn't matter

Must enter $4$ variables to solve for $5^{mi}($even if a certain variable is entered as $0)$

$1.)$ If you are a mortgage lender, what is the most you are willing to lend a borrower TODAY in the following situation? The borrower has promised to pay you $$11,000$ at the end of each year for $10$ years, and you want to earn a $8\%$ annual rate of return.

$2.)$ How much will a $$120$ deposit made TODAY be worth in $10$ years if interest is compounded annually at a rate of $6\%?$

$3.)$ If your house is worth $$275,000$ TODAY and it appreciates $5\%$ annually, how much is your house worth in $10$ years?

$4.)$ You are about to sign a fifteen$-$year lease for $$48,000$ per year for a commercial space. What is the present value of your payments given you have a discount rate of $6\%$ and your payments are due at the beginning of each year?

$5.)$ If a house is worth $$165,000$ today and appreciates at $4\%$ annually, how much is it worth in $25$ years?

$6.)$ A real estate investor is considering the purchase of an apartment building with a current market value of $$425,000.$ At an annual increase of $5\%,$ what will be the market price of the building at the end of $7$ years?

$7.)$ You are a landlord and have decided that your tenants need to contribute $$800$ a month towards rent payable on the first day of each month. If you deposit each rental payment into an interest$-$bearing account that pays an annual rate of $6\%,$ but it is compounded monthly, how much will be in the account at the end of $12$ months?

$8.)$ Suppose you are a mortgage lender. A borrower has promised to pay you $$13,425$ at the end of each year for $15$ years. Given you want to earn a $9\%$ annual rate of return, what is the most you are willing to lend the borrower?

$9.)$ What is the NPV of the following uneven cash flow example?

$10.)$ What is the IRR of the following uneven cash flow example?