(10 points) You received 2000$ fellowship in your 2nd year of college, which you deposited into a savings account which pays 3.5% per year. After two years, you started working fulltime and deposited your sign-on bonus of $5000 into the same savings account. How much money will the account have 5 years after you started working? . (10 points) A computer purchased for $1500 will have a salvage value of $600 after 6 years. Annual maintenance charges are estimated to be $100. At an interest rate of 10%, what is the equivalent uniform annual cost ? (Hint : Begin with identifying the positive and negative cash ows. Find appropriate annualized values for each cash ow and sum them. Make sure to use their corresponding signs, +ve or -ve) . (10 points) A parent is starting college fund for their child to attend college starting in 15 years. They are considering using a mutual fund which provides 6% annual returns. If the fund is expected to provide $30,000 per year for 4 years, how much must the parent invest today ? . (10 points) A manufacturing engineer is considering whether to repair or replace a broken machine. The rst alternative (Alternative \"A\") is to repair the machine with an initial cost of $15,000, an annual maintenance of $700 per year, with no salvage value at the end of its ve-year useful life. The second alternative (Alternative \"B\") is to replace the machine for $30,000. The maintenance cost starts in the second year at $200 and increases $200 per year in all subsequent years. There is an anticipated salvage value of $5,000 at the end of 20 years. Assuming interest rate is 6% and an analysis period of 20 years, what would be the preferable alternative ? . (10 points) A nance company provides loans at the interest rate of 5% per month. What is the effective annual interest rate if the interest is compounded monthly