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1. You want to receive $95,000 next year from an investment account that offers 9% interest. A) Diaw a cash flow didgram that illustrates this
1. You want to receive $95,000 next year from an investment account that offers 9% interest. A) Diaw a cash flow didgram that illustrates this silualion. B) How much should you deposit today? Recall: F=p(1+i)N 2. How much should you pay in year 4 if you receive four equal payments of 45D $12,500 each year, as shown below, and assuming 5% anilual inlerest? 3. You need to have $95,000 available in 15 years. How much 5hould you deposit now in a savings account that pays 4% per year, compounded annually? The ratio of Future amount/Present amount: (F/P,i%,N)=(1+i)N 4. Translate the following description into a cash flow diagram: Your uncle plans to purchase a sophisticated new delivery truck, and if he does then total overhaul at the end of the third year, costing $55,000. Fuel costs are expected to be $4,500 each year. At the end of five years the truck would be sold for $95,000
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