1. If you wish to accumulate $249,000 in 6 years, how much must you deposit today in an account that pays a quoted annual interest rate of 13% with quarterly compounding of interest?

	$119,599.31
	$115,568.08
	$159,067.09
	$105,282.52
	$198,534.86

2. If you deposit $20,000 per year for 17 years (each deposit is made at the beginning of each year) in an account that pays an annual interest rate of 15%, what will your account be worth at the end of 17 years?

	$139,084.70
	$120,943.22
	$1,496,727.15
	$1,301,501.87
	$929,528.37

3. You are valuing an investment that will pay you $28,000 per year for the first 5 years, $43,000 per year for the next 8 years, $56,000 per year the next 15 years, and $52,000 per year for the following 11 years (all payments are at the end of each year). If the appropriate annual discount rate is 11.00%, what is the value of the investment to you today?

	$2,110,627.20
	$276,834.67
	$1,896,000.00
	$1,229,125.60
	$355,874.37