1. Calculate the monthly payment for a home loan of $650,000 financed at 7.5% over 15 years. 2. Calculate the monthly payment for a home loan in San Francisco of $1,500,000 financed at 8% over 30 years. Note: the buyer will only finance 80% of the purchase price and make a down payment of 20%. 3. Calculate the future value of $15,000 invested for 15 years assuming an annual interest rate of 8%, compounded monthly. 4. Calculate the future value of $1,000 invested for 5 years assuming an annual interest rate of 8%. 5. Calculate the future value of an ordinary annuity of $500 paid monthly for 15 years, assuming an annual earnings rate of 12%. 6. Calculate the annual interest rate that a bank must pay on a Certificate of Deposit if a client deposited $1,000 and withdrew $10,000 in 25 years. Assuming the interest is compounded on a monthly basis. 7. Calculate the present value of $1,000,000 to be received in 20 years assuming an annual interest rate of 5%, compounded monthly. 8. Calculate the present value of $50,000 to be received in 15 years assuming an annual interest rate of 6%. 9. Calculate the present value of an annuity of $100,000 received annually that begins today and continues for 8 years, assuming a discount rate of 11.5%. 10. Calculate the present value of an annuity of $10,000 received quarterly that begins today and continues for 16 years, assuming a discount rate of 10%. 11. Calculate the present value of an ordinary annuity of $4,000 received annually for 5 years, assuming a discount rate of 10%. 12. Calculate the number of months it will take $50,000 to grow to $5,000,000 assuming an annual interest rate of %, compounded monthly. Present Value (PV) Payment Future Value Annual Rate Periods (W/M/Qtr/ Mode (PMT) (FV) (0) (N) Annual) (End/Begin)