1-You are saving for a new house, and you put $2500 per year in an account paying 5%. The first payment is made today. How much will you have at the end of 6 years? 2- Suppose you deposit $10 a month into an account that has an APR of 5%, based on monthly compounding. How much will you have in the account in 25 years? 3- The expected dividend next year is $2.80, and dividends are expected to grow at 3% forever. If the discount rate is 14%, what is the value of this promised dividend stream? 4- What is the effective annual rate of 7% compounded continuously? 5- A defined-benefit retirement plan offers to pay $6,000 per year for 20 years and increase the annual payment by 2% each year. What is the present value at retirement if the discount rate is 7 percent? 6- an investment offers a perpetual cash flow of $500 every year. The return you require on such an investment is 8 percent. What is the value of this investment? 7- Suppose that we are looking at a investment payout over a 20-year period. The first payment, made one year from now, will be $200,000. Every year thereafter, the payment will grow by 5 percent. What's the present value if the appropriate discount rate is 11 percent