I. Your company has 10,000 employees now. It grows at a rate of 5% per year. How many employees will it have in 6 years? (Draw a time line and use both the formula and financial calculator methods). (7pts) 2. You have decided to start saving every year for a world cruise you wish to take at the end of 5 years. You can earn an 8% return on your investment. If you save $400 every year beginning at the end of this year, how much will you have in 5 years? (Draw a time line and use both the formula and financial calculator methods). (7pts) 3. You start saving today for a down payment on a house which you wish to purchase in 7 years. If you start today with $700 and deposit that amount each year for a total 7 years at 7% interest rate (including the beginning amount), how much will you have at the end of 7 years? (Draw a time line and use both the formula and financial calculator methods) (7pts) 4. Jed is going to receive $10,000 from a trust setup by his grandmother for him. He is to receive this at the end of the third years. If he can earn 8%, how much is it worth in today's dollars. (Draw a time line and use both the formula and financial calculator methods) (7pts)