1. Find the future value of the following cash flow streams; the interest rate is 7 percent per year, compounded annually: 2. $300 is invested at the beginning of each year for the next 5 years. The proceeds are withdrawn five years from now. b. $300 is invested each year, starting today and continuing through year 8, when the proceeds are withdrawn. c. $300 is invested each year, beginning one year from now and continuing through year 5. The proceeds are withdrawn in year 7. d. $300 is invested 3, 4 and 5 years from now. The proceeds are withdrawn in year eight 2. What is the present value of a $7,000 payment per year, with the first cash flow received 3 years from today and the last one received 7 years from today? Use a discount rate of 7 percent