1. Asbank bank pays \8 simple interest on its saving accounts while Albank pays \8 interest compounded annually. If I deposit \\( \\$ 6000 \\) in each bank, how much more am I going to earn by depositing in Albank. 2. For each of the following present values, compute the future value 3. For each of the following present values, compute the future value 4. You decided to be a millionaire when you retire in 45 years. If you can earn an annual return of \12 per year how much do you have to invest? 5. You have won \\( \\$ 2 \\) million in lottery but you will be paid after 80 years. What is the present value of your windfall if the appropriate discount rate is \11 per year