CAN YOU INCLUDE THE FORMULAS YOU USE TO FIND THESE ANSWERS ON A CALCULATOR

TVM Problems Future Value of a Lump Sum 1) You have just invested $10,000 in a Certificate of Deposit (CD). You will earn a rate of 4% annually. The CD has a duration (time invested) of 3 years. What amount will you have at the end of the three years? Present Value of Lump Sum 2) Poor Granny has kicked the bucket. Being totally awesome though she left you a huge inheritance. You can take $ 10,000 today (age 18) or $25,000 when you turn 30. The current interest rate is 7%. What should you do? Future Value of Annuity You are currently 22 years old and just started your job. You plan on saving $1,200 per year until you retire at age 65. The rate of return you believe your investments will eam is 7%. How much money will you have when you retire? Present Value of Annuity Fresh off a Beer Pong Tournament win you slip on the ice at a friends house and mangle your back. Being the responsible person you are, you decide to sue - the insurance company offers you $50,000 today or five annual payments of $12,000. The current interest rate is 8%. Which should you take