3.Find the future value of the following cash flow stream if the appropriate discount rate is 10 percent.

YearCash Stream

1$500

2200

3450

4450

5150

4.You borrow $50,000 today. If the interest rate is 6 percent compounded monthly and you make monthly payments of $250, how long will it take you to pay off your loan?Make sure to show your work.

5.Your retirement account has a current balance of $50,000. What interest rate would you need to be earned in order to accumulate a total of $1,000,000 in 30 years, by adding $8,000 annually?Make sure to show your work.