5-6 Present Value Compute the present value of a $2,000 deposit in year 1 and another $2,500 deposit at the end of year 4 using an 8 percent interest rate. (LG5-3)

5-8 Present Value of an Annuity What's the present value of a $700 annuity payment over six years if interest rates are 10 percent? (LG5-4)

5-15 Effective Annual Rate A loan is offered with monthly payments and a 10 percent APR. What's the loan's effective annual rate (EAR)? (LG5-7)

5-18 Future ValueGiven a 5 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,000, $1,300, $1,300, and $1,400. (LG5-1)