1.If you plan to have 2,500,000.00 in the bank when you retire in 40 years how much do you have to invest today if your interest rate is 3.5% compounded monthly? What if it is 5.5% compounded monthly? What if it is 8% compounded monthly?

2.Which is a better deal 100,000.00 today or 125,000.00 five years from now if the interest rate is 5%. .What if the interest rate is 4.5%?

3.If you can make payments of 225.00 per week for five years at an interest rate of 6% how much can you borrow today.

4. If you save 600.00 a year for 10 years and then don't make payment for five years and then make 3,500 a year for the next 15 years how much will you have at the end of thirty years if you receive a constant rate of 4.5%.

5.If you plan to set up a scholarship at CMU and you want to give away five thousand dollars a year starting 10 years from now and the constant interest rate is 2.5 % how much do you need to put away today