4. How much are you willing to invest if the investment will provide $100,000 in the next 3 years and your required rate of return is 6% per year?

5. You are interested in investing in a 1-year bill of exchange (BE) of ABC company promising to pay $10,000 at the maturity, how much would be the maximum price you are willing to invest in this BE if other investment having similar risk provides a return of 2% yearly?

6. 6.1 If you want to accumulate $20,000 in the next 2 years and the bank pays 4% compounded yearly, how much do you need to save (now)?

6.2 If you want to accumulate $20,000 in the next 2 years and the bank pays 4% compounded quarterly, how much do you need to save (now)?