After completing your graduation, you plan on getting a job. The job provides you an annual salary of $510,000$ whero you wre

able to save $30\%$ per year. After $5$ years you want to start a business and it requires a lot of investment if the curremt maxket

interest rate is $12\%,$ how much will you have in your account after end of $5$ years? How does the amount change if you were

to save in the beginning of each year $(5)$

You deposit $$35,000$ today in a bank and the bank promises to give you cash per month for $3$ years. It the rate of retum is

$11\mathrm{.}5\%,$ how much does the bank provide? $(4)$

What is the PV of $$72,000$ which you will get after $9$ years if interest rate is $9\%?(2)$