1- What is the future value of $40,000 with an interest rate of 20 percent and one annual period of compounding? With an annual interest rate of 15 percent and two semi-annual periods of compounding With an annual interest rate of 10 percent and four quarterly periods of compounding? 2-If we place $10,000 in a savings account paying 3% interest compounded semi-annually, how much will our account accrue in 5 years? 3- What is the present value of an investment that yields $1,000 to be received in 5 years and $1,000 to be received in 10 years if the discount rate is 5 percent