1. What is the future value of $1,200, placed in a saving account for four years if the account pays 0.08, compounded quarterly? Answer to two decimal places

2. f you were to borrow $9,800 over five years at 0.11 compounded monthly, what would be your monthly payment?

3. Your uncle promises to give you $500 per quarter for the next five years. How much is the promises worth right now if the interest rate is 0.08 compounded quarterly?

4. A stock has an expected return of 0.12 and a variance of 0.20. what is its coefficient of variation?

5. Use the following information to calculate your company's expected return.

State	Probability	Return
Boom	20%	0.14
Normal	60%	0.10
Recession	20%	-0.16