Consider a lump sum of $14,000 to be received 10 years from now (i.e., at time node t=10 ). What is its present value today at an expected return of 6% per year? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67). Consider an annuity that pays $600 per year for 11 years. - The first payment happens a year later (at time node t=1 ) - The last payment happens 11 years later (att=11) - There are a total of 11 payments What is the present value of the annuity today ( at t=0) with an expected return of 13% per year? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67). Consider an annuity that pays $700 per year for 10 years. - The first payment happens a year later (at time node t=1 ) - The last payment happens 10 years later (att=10) - There are a total of 10 payments What is its future value of the annuity 10 years from now (t=10) with an expected return of 6% per year? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67)