a) Find the Future Value of an annuity for$1000 paid at the end of each year for 3 years assuming interest is compounded annually at 7%? (9 marks) b) Julie Miller will receive the set of cash flows below. What is the Present Value at a discount rate of 10%. Year one 500, year two 500, year three 300, year four 300 and year five 150. (9 marks) c) Perpetuity has no time limit. The present value of $100 perpetuity discounted at 15% is? (2 marks)

N.B: Show your working.