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1 . What s the present value of a series of 2 0 payments of USD 2 , 0 0 0 each paid at the

1. Whats the present value of a series of 20 payments of USD 2,000 each paid at the end of each year starting at the end of the first year and a single payment of USD 30,000 which is to be paid 10 years from now if we assume that the discount rate does not change over time and is equal to 4%
2. How much is a promise of receiving perpetually a sum of USD 1,000 each month worth now if the stated annual interest rate is 6%?
3. A companys 2023 sales were $100 million. If sales grow at 8% per year, how large will they be 10 years later, in 2033, in millions?
4. At a rate of 8%, what is the present value of the following cash flow stream? $0 at Time 0; $100 at the end of Year 1; $300 at the end of Year 2; $0 at the end of Year 3; and $500 at the end of Year 4?

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