Calculate annuity cash flows

Your goal is to have $15,000 in your bank account by the end of five years. If the interest rate remains constant at 10% and you want to make annual identical deposits, how much will you need to deposit in your account at the end of each year to reach your goal? (Note: Round your answer for PMT to two decimal places.)

$2,211.26

$2,456.96

$2,948.35

$1,719.87

If your deposits were made at the beginning of each year rather than an at the end, by how much would the amount of your deposit change if you still wanted to reach your goal by the end of five years? (Note: Round your answer for PMT to two decimal places.)

$301.54

$189.86

$223.36

$212.19

Present value of annuities

You won a lottery that will make equal payments of $3,500 at the end of each year for the next seven years. If the annual interest rate stays constant at 8%, what is the value of these payments in todays dollars? Round your answer to the nearest whole dollar.

$22,778

$18,222

$15,489

$19,680

You found out that now you are going to receive payments of $9,500 for the next 16 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 12%. What is the present value of these payments? Round your answer to the nearest whole dollar.

$59,362

$74,203

$66,253

$100,174