You may use Excel, the Assignment 2-A Spreadsheet the textbook and the course material to calculate the problems on this quiz. There is no partial credit, so be very careful in entering your answers and formulas. If you are not sure about something, take the time to go look it up. Please respond to all value questions with precision to the nearest penny, and interest rates to the nearest basis point. If we add one basis point to an interest rate of 12.34% it becomes 12.35% Question 1 5 pts What is the future value of $1,637 received today and deposited at 8.59 for 16 years? Question 2 5 pts On the day you were born, your parents took $4128 to the bank and purchased a 22 year CD that will eam 5.7% interest. How much money will you have on your birthday in 22 years? Question 3 S pts Calculate the present value of $14170 to be received 17 years from now at an annual discount rate of 8.75% Question 4 S pts Congratulations! You just won the lottery. Beginning today, you will receive $1,955 per week for the next 15 years. Assuming an interest rate of 3.33%, what is the Present Value of this price