31. You want to go to grad school 3 years from now, and you can save $5,000 per year, beginning one year from today. You plan to deposit the funds in a mutual fund which you expect to return 7% per year. Under these conditions, how much will you have just after you make the sta deposit, 3 years from now? 32. You own an oil well that will pay you $25,000 per year for 8 years, with the first payment being made today. If you think a fair return on the well is 6%, how much should you ask if you decide to sell it now? 33. At a rate of 8%, what is the present value of the following cash flow stream? $0 at Time $100 at the end of Year 1; $300 at the end of Year 2; $200 at the end of Year 3; and $500 at the e of Year 4? 34. At a rate of 8%, what is the future value of the following cash flow stream? $0 at Time $100 at the end of Year 1; $300 at the end of Year 2: $200 at the end of Year 3; and $500 at th of Year 4