1. You deposit $1,000 now, $1,500 in one year, $1,500 in 2 years, $1,500 in 3 years, $1,500 in 4 years, $2,000 in 5 years and $2,500 in 6 years in an account paying 5% APR compounded annually. How much do you have in the account at the end of the sixth year? a) 12,668 b) 11,269 c) 16,348 d) 12,227 e) 13,068

2. $3,960 to be received at the end of 10 years is worth how much today, assuming a discount rate (APR compounded annually) of 1. 10 per cent 2. 100 per cent 3. 0 per cent?

You are offered an investment that promises: $1,000 in year 1, $2,000 in year 2, $2,000 in year 3, $500 in Year 4. If an investment opportunity of similar risk pays 18% APR Compounded annually, what is the maximum amount that you Would pay for this investment?