1. Derek will deposit $2,819.00 per year for 10.00 years into an account that earns 4.00%. The first deposit is made next year. How much will be in the account 10.0 years from today?

2. Derek will deposit $6,408.00 per year for 20.00 years into an account that earns 16.00%, The first deposit is made next year. How much will be in the account 33.00 years from today?

3. Derek will deposit $942.00 per year for 11.00 years into an account that earns 14.00%. The first deposit is made today. How much will be in the account 11.0 years from today? Note that he makes 11.0 total deposits.

4. Derek will deposit $871.00 per year into an account starting today and ending in year 13.00. The account that earns 7.00%. How much will be in the account 13.0 years from today?

5. Derek has the opportunity to buy a money machine today. The money machine will pay Derek $30,414.00 exactly 13.00 years from today. Assuming that Derek believes the appropriate discount rate is 13.00%, how much is he willing to pay for this money machine?