1) Identify three situations in which accounting measures are based upon present values....please explain

2) Mary will be making an investment of $5000 per year for 5 years The investment will be made at the beginning of each year. The interest is 9% compounded quarterly

How much will she have at the end of the 5 years?

3) What's the difference between the effective yield and the stated rate of interest. Which one of these would be higher....please explain.

4) What would you pay for a $100.000 bond that will mature in 15 years and pays $5000 a year in interest. The interest rate on the bond is 5 %. Please don't just give an answer but explain.