2. An investment will provide annual cash flows of $20,000 for 7 years and then be worthless. If you require a 9% rate of return, how much should you pay for these cash flows? (First cash flow is received 1 year from today.) Amount to pay Formula 3. How retirement? Retirement is 25 years from today and the account pays 6% per year and has annual compounding. Deposit Amoun The factor is 4. If you got a loan of $120,000 for 25 years @ 7% what would the remaining loan balance be at the end of the 8 year? Payments are monthly. much do you need to deposit each year (starting in one year) if you want to accumulate $500,000 for 5. In 10 years you are planning on retiring and buying a house in Oviedo, Florida. The house you are looking at currently costs $ 100,000 and is expected to increase in value at a rate of 5% a year. You can earn 6% annually on your investments, how much must you invest at the end of each month for the next 10yrs to be able to buy your dream home for cash when you retire?_