1. What is the implied annual rate if you deposit $750 and receive $2,000 in 8 years, assuming interest is compounded quarterly? 2. How many months it will take to grow your money from $10,250 to $25,000 if you can earn an interest of 8% compounded monthly? How many years will it take? 3. How many years it will take to grow your money from $3308 to $9537 if you can carn an interest of 15% compounded quarterly? 7. What is the present value of $250 received at the beginning of each year for 21 years? Assume that the first payment is received today. Use a discount rate of 12% 8. What is the future value of semi-annual payments of $6,500 for eight years at 12 percent? 9. You are considering an investment that would entail $5,000 in payments each year for 20 years. The investment will pay 7 percent interest. How much will this investment be worth at the end of the 20 years?