Question: PLEASE SHOW THE WORK 3. Find the value of the following cash flow stream in Year 4 if the appropriate discount rate is 10 percent.

PLEASE SHOW THE WORK 3. Find the value of the following cash flow stream in Year 4 if the appropriate discount rate is 10 percent. Year 1 2 3 4 5 6 7 Cash Stream $500 200 450 450 150 450 100 a. Suppose your uncle is 50 and has a plan to retire at age 70, but his fortune teller told him that he will live for fifty more years. If he would like to have a steady income of $180,000 per year after his retirement and the interest rate will be 8% compounded yearly at that time, how much must he set aside each year till his retirement to be able to achieve his goal, if the interest rate is now 9% compounded yearly? Also, assume that your uncle has a current balance of $60,000. b. Use the following tax table to answer this question: Taxable income Tax Rate $ 0 50.000 15% 50,001 - 75,000 25 75.001 100.000 34 100.001 335.000 39 335.001 - 10.000.000 34 Bait and Tackle has taxable income of $340,000. How much does it owe in taxes? What is its average tax rate

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