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Assume that you are nearing graduation and have applied for a job with a local bank. The banks evaluation process requires you to take an

Assume that you are nearing graduation and have applied for a job with a local bank. The banks evaluation process requires you to take an examination that covers several financial analysis techniques. The first section of the test addresses discounted cash flow analysis. See how you would do by answering the following questions. (1) Whats the future value of a 3-year ordinary annuity of $100 if the appropriate interest rate is 10%? (2) Whats the present value of the annuity? (3) What would the future and present values be if the annuity were an annuity due?

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