1 1 point A young adult expects to receive a cash gift of $3,126 from his trust fund in 5 years. At an interest rate of 14% compounded annually, what is the present value of the gift? Round your answer to the nearest dollar. Type your answer... 2 1 point You expect to buy a house in 7 years. At that time, you will need a down payment of $40,950. A local bank offers a savings account that pays 4% per year, compounded monthly. What is the amount you would need to deposit today in order to have the $40,950 in 7 years? Round your answer to the nearest dollar. Type your answer... 3 1 point An annuity investment will pay you $42,267 per year for the next 21 years with the first payment coming one year from today. At a rate of 12%, compounded annually, what is the present value of the annuity? Round your answer to the nearest dollar. Type your answer... 4 1 point You receive a graduation gift of $9,735 and and decide to invest the money. You invest the money in shares of Facebook. Assuming that Facebook generates an 14% return per year, what will be the value of the investment at the end of 15 years? Round your answer to the nearest dollar