2) Future Value. You get married, immediately after you are married, you decided to invest $9000 of the wedding gift money instead of spending it all on an extravagant honeymoon, at 12% for 30 years. How much will you have at the end of the 30-year period?

3) Present Value. You want to begin a college fund for your newborn child; you hope to accumulate $125,000 within 18 years from now. If a current investment opportunity yields 8% annually, how much must you invest in a lump sum (or single payment) to realize the amount, when needed?