10) Determine the future value of the following scenarios: a) Annual deposits of $7,596 for 30 years in an account paying 12% compounded annually? b) Quarterly deposits of $1,899 for 30 years in an account paying 12% compounded quarterly? c) Monthly deposits of $633 for 30 years in an account paying 12% compounded monthly? 11) Overtha Hill is ready to retire and has a choice of three pension plans. Plan A provides for an immediate cash payment of $213,000. Plan B provides for the payment of $30,000 per year for 10 years and the payment of $50,000 at the end of year 10. Plan C will pay $33,000 per year for 10 years. Overtha Hill desires a return of 9 percent. Determine the present value of each plan and select the best one. 12) Carter "Flip" Allison recently rejected an $14,000,000, five year contract with the Vancouver Seals. The contract offer called for an immediate signing bonus of $9,000,000 and annual payments of $1,000,000. To "sweeten" the deal, the president of player personnel for the Seals has now offered a $16,000,000, five-year contract. This contract calls for annual increases and a balloon payment at the end of five years. Suppose you are Allison's agent and you wish to evaluate the two contracts using a required rate of return of 14 percent. In present value terms, how much better/worse is the second contract