1.What is the present value of a series of payments of $50,000 each for 7 years of nominal interest is 8%?

2.Using data given below, determine median, mean, mean absolute deviation, standard deviation, and variance. 45 24 -30 0 24 9 -7

3.Find the amount which will accrue at the end of year 6 if $1,500 is invested now at 6% compound annually.

4.How much money would you have to save annually in order to buy a car in 4 years which has a projected value of $18,000? The savings account offers 4.0% yearly interest.

5.If an investment opportunity is offered today for $5 Million, how much must it yield at the end of every year for 10 years to justify the investment if we want to get a 12% interest?