1. If you deposit $1000 in one year, $2000 in two years and $3000 in three years, $4000 in four years, $5000 in five years. How much will you have in five years at 9 percent interest? How much in 10 years if you add nothing to the account after the fifth year?

2. a) Suppose you invest $2500 in a mutual fund today and $5000 in one year. If the fund pays 9% annually, how much will you have in two years?

b) Suppose you plan to deposit $2500 into an account in one year and $5000 into the account in three years. How much will be in the account in five years if the interest rate is 9%?

3. You are offered an investment that will pay $1000 in year 1, $2000 the next year, $3000 the following year, and $4000 at the end of the 4^th year. You can earn 9% on similar investments. What is the most you should pay today for this one?

4. a) You are considering an investment that will pay you $1,000 in one year, $2,000 in two years and $3,000 in three years. If you want to earn 9% on your money, how much would you be willing to pay?