a) What is the future value of Ghc 1000 invested at 10% at the end of 1 year?

b) What is the future value of Ghc 1000 invested at 10% at the end of 5 years?

c) Find the present value of Ghc 25000 receivable in 6 years' time, if the interest rate is 10% par annum?

d) Ghc 5000 is required in 10 years. How much money is needed now to invest in an account earning 5% interest per annum to arrive at the Ghc 5000?

Please show workings

e) Ghc 300,000 is invested into an annuity paying equal amounts at the end of every year for 20 years. The rate of interest is 6% per annum. What will the annuity due payments be each year?