1. What is the future value of $60.000 invested today if it is invested at 6% compounded annually for six years? 2. How much would you have to invest now at 8% compounded annually to have $70,000 available for the purchase of a car four years from now? 3. You will receive a $3,000,000 inheritance in 10 years. You can invest today at 5% compounded annually. What is the present value of your inheritance? 4. Your grandfather placed $100,000 in a trust for you. In 8 years the fund will be worth $200,000. What is the rate of return on the trust fund