Please answer the following question (#4). Show working/formula/explanation where needed.

$1,050,000.00, and future value of $1,500,000.00, for 3 years (N). 4. You need $3,000.00 to begin your first semester at Galen in 2 years. Determine the amount you would need to open your account today to achieve your $3,000 budget if your bank is paying 5% interest rate per annum. 5. Calculate the PV of a series of cash flows at 8% interest rate per annum, and NPV