1. Future Value of an Annuity What is the future value of a $500 annuity payment over 5 years if interest rates are 9 percent? 2. Present Value of an Annuity What's the present value of a $500 annuity payment over 5 years if interest rates are 9 percent? 3. Present Value of a Perpetuity What's the present value, when interest rates are 7.5 percent, of a $50 payment made every year forever? 4. Future Value of Multiple Annuities Assume that you contribute $200 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $400 per month for another 20 years. Given a 7 percent interest rate, what is the value of your retirement plan after the 40 years? 5. Loan Payments You wish to buy a $10,000 dining room set. The furniture store offers you a 3-year loan with a 11 percent APR. What are the monthly payments? 1. Future Value of an Annuity What is the future value of a $500 annuity payment over 5 years if interest rates are 9 percent? 2. Present Value of an Annuity What's the present value of a $500 annuity payment over 5 years if interest rates are 9 percent? 3. Present Value of a Perpetuity What's the present value, when interest rates are 7.5 percent, of a $50 payment made every year forever? 4. Future Value of Multiple Annuities Assume that you contribute $200 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $400 per month for another 20 years. Given a 7 percent interest rate, what is the value of your retirement plan after the 40 years? 5. Loan Payments You wish to buy a $10,000 dining room set. The furniture store offers you a 3-year loan with a 11 percent APR. What are the monthly payments