1. How much would be in your savings account in 9 years after depositing $190 today if the bank pays 9 percent per year? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

2. What is the value in year 10 of a $1,100 cash flow made in year 5 if interest rates are 10 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

3. What would be more valuable, receiving $400 today or receiving $600 in five years if interest rates are 7 percent?

4. How many years will it take $2 million to grow to $3.20 million with an annual interest rate of 8 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)