1. You sold a car today and accepted a note with the following cash flow stream as your payment: $1,000 after 1 year, 2,000 after 2 years, 2,500 after 3 years, and 3,000 after 4 years. What was the effective price you received for the car assuming an interest rate of 6.0%?

2. How much would $5,000 due in 25 years be worth today if the interest rate were 5.5%, compounded monthly. 4. Your grandmother decided to give you an annual present of 5,000 LE, at the beginning of every year in celebration of your 16th birthday till you reach the age of 21 years. Assuming interest rates are 8% in the market now, calculate the present value of all your grandmothers presents till now