Now is t=0. The appropriate discount rate is 4%/yr and assume annual compounding. For each question, be sure to draw diagram to identify Cash flows (timing and amount) and the unknown.

1. Calculate PV of CF(t=4) of 500
2. Calculate PV of multiple cash flows of CF(t=1) of 200 and CF(t=5) of 500.
3. Calculate the Future value if you deposit 100 for 20 years? (i.e, FV20)
4. Calculate the IRR for the project with the investment of 100 now that gives 500 after 10 years.