1. You can deposit $10,000 into an account paying 9% annual interest either today or exactly 10 years from today. How much better off will you be at the end of 40 years if you decide to make the initial deposit today rather than 10 years from today? 2. Someone has just bought a scratch lottery ticket and won 10,000. He wants to finance the future study of his newly born daughter and invests this money in a fund with a maturity of 18 years offering a promising yearly return of 6%. What is the amount available on the 18th birthday of his daughter? 3. The bank one Fund promises a monthly 0.85% return if you deposit 100 per month for 18 consecutive years. What amount will be accumulated after those 15 years? 4. Ali considers buying a house. Currently, he rents a place for 2,000 a month. The current monthly interest rate on mortgages is 0.7%. His planning period is 20 years. If he doesn't want to increase his housing costs, what amount of mortgage is available for his purchase? 5. Compute the share value of a company paying a dividend of 3.60 per year over infinite maturity, with expected zero growth. The discount rate (i) is assumed to be 12% yearly. 6. Compute the effective yearly rate if the monthly rate is 3%