1- Jed is investing $5,000 into an eight-year certificate of deposit (CD) that pays 6 percent annual interest with annual compounding. How much will he have when the CD matures? 2- Tim has found a 2013 Toyota 4-Runner on sale for $19,999. The dealership says that it will finance the entire amount with a one-year loan, and the monthly payments will be $1,776.98. What is the annualized interest rate on the loan (the monthly rate times 12)? 3- Heidi's grandmother died and provided in her will that Heidi will receive $100,000 from a trust when Heidi turns 21 years of age, 10 years from now. If the appropriate discount rate is 8 percent, what is the present value of this $100,000 to Heidi