$3.$ The appropriate discount rate for the following cash flows is $8$ percent compounded quarterly. $$What is the present value of the cash flows? $$Year $1$ CF$=200,$ Year $2$ CF$=800,$ Year $3$ CF$=500,$ Year $4$ CF$=1500$

Question $3$ options:

$$2,239$

$$2,466$

$$2,354$

$$2,378$

$$2,283$

$5.$ You will receive $$2,000$ in $8$ years. When you receive it$,$ you will invest it for $6$ years at an annual rate of $5\mathrm{.}0\%.$ How much money will you have $14$ years from now?

Question $5$ options:

$2,216$

$2,680$

$2,955$

$3,960$

$2,423$