Hello, I really need help with questions for my financial management class. Please answer them as soon as you can, I would prefer to have them by today, I reward fast responses! Also, if you could, please put everything into two excel files.Sheet 1 must contain nothing other than the problem number and the final answer and sheet 2 must contain the calculations that were used to arrive at your final answer. Thank you so much!

1.As you increase the length of time involved, what happens to future values? What happens to present values?

2. What happens to the future value of an annuity if you increase the rate r? What happens to the present value?

3. First City Bank pays 7 percent simple interest on its savings account balances, whereas Second City Bank pays 7 percent interest compounded annually. If you made a $4,800 deposit in each bank, how much more money would you earn from your Second City Bank account at the end of 10 years?

4. Compute the future value of $3,550 compounded annually for:

a) 10 years at 6 percent.

b)10 years at 8 percent.

c) 20 years at 6 percent.

d) Why is the interest earned in part (c) not twice the amount earned in part (a)?

5.For each of the following, compute the present value:

PRESENT VALUEYEARSINTEREST RATEFUTURE VALUE

? 97%$ 15,451

? 139%$51,557

? 1614%$886,073

?2411 %$550,164

6.Solve for the unknown interest rate in each of the following:

PRESENT VALUEYEARSINTEREST RATEFUTURE VALUE

$ 2173? $ 293

$43210? $1,053

$41,00016? $162,181

$54,38219? $483,500

7.Machine Co. has identified an investment project with the following cash flows. If the discount rate is 5 percent, what is the present value of these cash flows? What is the present value at 13 percent? At 18 percent?

YEARCASH FLOW

1$ 585

2$815

3$1,630

4$2,140

8. The Perpetual Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $18,000 per year forever. If the required return on this investment is 4.3 percent, how much will you pay for the policy? Suppose the company told you the policy costs $445,000. At what interest rate would this be a fair deal?