3. [ 15 points) 1. Calculate the future worth (in year 8) of $16,000 in year 2, $12,000 in year 4, and $12,000 in year 6 at an interest rate of 10% per year 10% II. Two equal investments were made 5 years apart as shown below. If the future Value of the investments at 10% amounts to $10,000 in year ten, what is the value of X? $10,000 1 = 10% 0 5 10