1. If you invest $29,375 today at an interest rate of 5.07 percent, compounded daily, how much money will you have in your savings account in 18 years? Round the answer to two decimal places.

2. What is the accumulated sum of the following stream of payments?$622 every year at the end of the year for 15 years at 6.14 percent, compounded annually.

3. You are given an investment to analyze. The cash flows from this investment are

End of year 1. $20,680 2. $1,840 3. $25,330 4. $11,520 5. $4,850

What is the present value of this investment if 15 percent per year is the appropriate discount rate?