4. You want to begin saving for your daughter's college education and you estimate that she will need $150,000 in 17 years. If you feel confident that you can earn 8% compounded semiannually, how much do you need to invest toda 5. You are considering an investment that will pay you $1,000 in one year, $2,0 in two years and $3,000 in three years. If you want to earn 10% on your money how much would you be willing to pay? 6. What is the present value of the 25 annual payments of $50,000 offered to t soon-to-be ex-spouse, assuming a 5% discount rate