1. In your financial planning journal, identify and record at least four recent cash flows, e.g. income through employment, a student loan disbursement received, a credit card payment, an investment made). Calculate the future value of these cash flows over two years. Hint: so you have to make a cash flow statement(income statement chart) that includes any four of your recent cash flows either you earned or you just spent and then calculate its future value taking time 2 years and its interest rate as 1.50$. Make a cash flow statement chart.
2. How can you determine if a lump-sum payment or an annuity will have greater value for you?