1. Show the time line for a $300 cash inflow today, a $705 cash outflow in year 4, and a 9 percent interest rate. 2. How much would be in your savings account in ten years after depositing $1500 today if the bank pays 11 percent per year? 3. What is the present value of a $450 payment in one year when the discount rate is 5 percent? 4. What is the present value of a $1,300 payment made in seven years when the discount rate is 8 percent? 5. Approximately how many years does it take to double a $500 investment when interest rates are 5 percent per year? 6. Determine the interest rate earned on a $1,000 deposit when $1,500 is paid back in one year