4. Dr. Bob Jackson owns a parcel of land that a local farmer has offered to rent for the next 10 years. The farmer has offers to pay $20,000 today or an annuity of $3,200 at the end of each of the next 10 years. Which payment method should Dr. Jackson accept if his required annual rate of return is 10%?

5. Calculate the present value of the income stream given below assuming annual discount rates of 8%

YearIncome

1$3,000

2$4,000

3$6,000

4$1,000

6. What amount invested at the end of each year at 10 percent annually (compounded annually) will grow to $10,000 at the end of 10 years?

Please show me how to calculation