Case 1. Calculate the present value of

$10,000

to be received in exactly 10 years, assuming an annual interest rate of

9%

.\ Case 2. Calculate the future value of

$10,000

invested for 10 years, assuming an annual interest rate of

9%

\ Case 3. Dennis has been dollar cost averaging in a mutual fund by investing

$1,000

at the beginning of every quarter for the past 5 years. He has been earning an average annual compound return of

11%

compounded quarterly on this investment. How much is the fund worthy today?\ Case 4. Anthony has been investing

$1,500

at the end of each year for the past 12 years. How much has accumulated, assuming he has earned

8%

compounded annually on his investment?\ Case 5. Stacey wants to withdraw

$3,000

at the beginning of each year for the next 5 years. She expects to earn

8%

compounded annually on her investment. What lump sum should Stacey deposit today?

Case 1. Calculate the present value of $10,000 to be received in exactly 10 years, assuming an annual interest rate of 9%. Case 2. Calculate the future value of $10,000 invested for 10 years, assuming an annual interest rate of 9% Case 3. Dennis has been dollar cost averaging in a mutual fund by investing $1,000 at the beginning of every quarter for the past 5 years. He has been earning an average annual compound return of 11% compounded quarterly on this investment. How much is the fund worthy today? Case 4. Anthony has been investing $1,500 at the end of each year for the past 12 years. How much has accumulated, assuming he has earned 8% compounded annually on his investment? Case 5. Stacey wants to withdraw $3,000 at the beginning of each year for the next 5 years. She expects to earn 8% compounded annually on her investment. What lump sum should Stacey deposit today