1.What is the future value of $2,500 invested today at 12% interest in 5 years with interest compounded quarterly? (show workout)

$4,515.28

$4,552.15

$1,384.19

$4,405.85

$4,031.50

2.What is the present value of $13,500 received 5 years from now using a 16% interest or discount rate, with interest compounded daily? (Show workout)

$6,223.44

$6,161.22

$5,230.18

$30,039.54

$6,067.00

3.

Assume that you are a saver, and use coupons. Each week you save $5.00 using coupons, and save the money for your retirement. What is the future value of $5.00 (five dollars) deposited at the beginning of each week for 45 years earning 10% interest? (Show workout)

$7,052.15

$230,435.33

$298,538.23

$230,878.47

$3,594.52