Onur Arugaslan Industries just signed a sales contract with a new customer. What is the future value of the contract payments at the end of the 4th year? Use the following cash flows and an 8% discount rate. The payment in one year is $75,530.76, payment in two years is $105,000, three years is $125,000, and payment in four years is $150,000.

Question 4 options:

	$369,439.98
	$402,311.19
	$489,512.14
	$502,619.01
	$452,000.00

Your account begins with $580 and 54 months later you have $725.65. What was your monthly rate of return?

Question 5 options:

	about 0.56%
	about 1.02%
	about 0.33%
	about 4.99%
	about 0.42%