1) At the end of each year you deposit $750 in a retirement account that pays 6%. How much money will you accumulate for your retirement if you plan to retire 30 years from now?

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2) Starting today Andrew will deposit $2,000 per year in a retirement account that pays 6%. How much money will he accumulate for his retirement if he plans to retire 50 years from now?

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3) You are looking into an investment that will pay you $12,000 per year for the next 15 years. If you require a 7% return, what is the most you would pay for this investment today?

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4) If today you pay $100,000 in exchange for a 20 year annuity with 10% return, what will be the annual cash flow?

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5) You are buying a house for $180,000. Your bank will lend you the money at 6% for 20 years. How much will you have to pay every month?

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6) An insurance company is trying to sell you an investment policy that will pay you and your heirs $50,000 per year forever. If the required return on the investment is 5%, how much will you pay for the policy?