1. To what amount will the following investment accumulate? $1,817, invested today for 4 years at 6 percent, compounded annually. Round the answer to two decimal places.

2. You placed $2,088 in a savings account today that earns an annual interest rate of 13 percent compounded annually. How much you will have in this account at the end of 35 years? Assume that all interest received at the end of the year is reinvested the next year. Round the answer to two decimal places.

3. What is the present value of the following future amount? $228,935, to be received 8 years from now, discounted back to present at 10 percent, compounded annually. Round the answer to two decimal places.

4. If you want to have $222,206 in 11 years, how much money should you put in a savings account? Assume that the savings account pays you 5.9 percent and it is compounded annually. Round the answer to two decimal places.