1. What is the future value, 5 years from now, of $15,000 invested today at a periodic interest rate of 1.5% per month? 2. What is the future value, 3 years from now, of 36 $100 cash flows using a periodic interest rate of 1.0% per monthly? Assume all cash flows are made at the end of each month. 3. What uniform series of cash flows is equivalent to $2,000,000, 30 years from now, if the uniform cash flows occur at the end of the year for the next 30 years and the periodic interest rate is 8% compounded annually? 4. What is the present value of seven (7) $1000 cash flows occur at the end of each year for the next 7 years at a periodic interest rate of 6% compounded annually? The first cash flow ($1000) occurs one year from today and every year thereafter until the end of the 7th year. 5. What uniform series of cash flows is equivalent to a $44,000 cash flow occurring today if the uniform series of cash flows occurs at the end of each month for the next 5 years and the annual interest rate is 6% compounded monthly? 6. Determine the future value at the end December for the following cash flows: end of July - $4,000; end of August - $4,000; end of September $4,000; and end of October - $4,000. The periodic interest rate is 1.0% per month. 7. Determine the etermine the present value (year zero) the following cash flows: End of year 5 - $5,000; End of Year 6 - $7,000; End of Year 7 - $9,000; End of Year 8 - $5,000; End Year 9 - $4,000. The periodic interest rate is 8% compounded annually. 8. At what periodic interest rate is $8,000 cash disbursement occurring 5 years ago equivalent to a cash receipt of $10,000 occurring today? The periodic interest rate is compounded annually. 9. At what annual periodic interest rate is $3,000 cash receipt occurring today equivalent to 10 annual $500 cash disbursements? The first annual cash flow ($500) occurs one year from today and every year thereafter until the end of the 10th year. 10. How much money needs to be set aside today to purchase a new piece of equipment in 5 years? The money is expected to earn 7% interest compounded annually and the piece of equipment is expected to increase by 1.5% per year. The present cost of the equipment is $520,000