1.What's the present value of a $650 annuity payment over four years if interest rates are 8 percent?

2.What is the future value of a $540 annuity payment over five years if interest rates are 9 percent?

3.You are looking to buy a car. You can afford $480 in monthly payments for four years. In addition to the loan, you can make a $1,300 down payment. If interest rates are 7.75 percent APR, what price of car can you afford?

4.Joey realizes that he has charged too much on his credit card and has racked up $5,800 in debt. If he can pay $175 each month and the card charges 16 percent APR (compounded monthly), how long will it take him to pay off the debt?

5.Whats the interest rate of a 5-year, annual $4,400 annuity with present value of $17,000?