im not sure how they gor rhe answer for #5 and also do not know how to do #6 or 7 either.

5. What is the future value of $100 to be deposited today into an account paying 8.0%, compounded quarterly for two years? PV - 100 r = 8/4=2 n=4x2=8 117.17 6. As a winner of Florida Lottery, you can choose one of the following prizes: Alternative 1: $11,000 a year forever and the first payment is made at the end of the first year. Alternative 2: $15,000 at the end of each year for 20 years. If the interest rate is 12%, which is the most valuable prize (today)? 7. Assume that you deposit $4,500 today in an account that pays 7%APR. If the interest rate is compounded monthly, how much will you have in 4 years