Please include the work/inputs for full credit. For example: What is the future value of $1,000 invested for 5 years at 10%. The answer is $1,610.51 and the work would either be the formula, 1,000(110)5 or the inputs of PV=1,000n=5 and r=10% QUESTION 1 Your crazy uncle left you a trust that will pay you $34,000 per year for the next 20 years with the first payment received one year from today. If the appropriate interest rate is 6.7 percent, what is the value of the payments today? QUESTION 2 A prominent alumnus of your university has just donated $2,100,000 to fund a scholarship that will distribute $83,000 per year forever beginning in one year. For this to be true, what rate of return is expected on the donation? QUESTION 3 Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the company agreed to pay rent of $14,000 per month for the next 7 years with the first payment due today. If the APR is 6.84 percent compounded monthly, what is the value of the payments today? QUESTION 4 You want to buy a house that costs $275,000. You will make a down payment equal to 10 percent of the price of the house and finance the remainder with a loan that has an APR of 5.45 percent compounded monthly. If the loan is for 20 years, what are your monthly mortgage payments? QUESTION 5 You are considering the purchase of new living room furniture that costs $1,260. The store will allow you to make weekly payments of $27.43 for one year to pay off the loan. What is the EAR of this arrangement? QUESTION 6 You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $30,000,$34,000,$70,000, and $105,000 to you each year over the next four years, respectively. All payments will be made at the end of the year. If the appropriate interest rate is 5.2 percent, what is the value of the settlement offer today? QUESTION 7 You plan to save $5,500 per year for the next 8 years. After the last deposit, you will keep the money in the account for 4 more years. The account will earn an interest rate of 5.8 percent. How much will there be in the account 12 years from today? QUESTION 8 The value today of the following cash flows is $6,711.35 at an interest rate of 5.9 percent. What is the value of the Year 3 cash flow? QUtSIIUIN Y What is the future value of $3,625 per year for 28 years at an interest rate of 7.53 percent? QUESTION 10 You have just received an offer in the mail from Friendly Loans. The company is offering to loan you $3,500 with low monthly payments of $60 per month. If the interest rate on the loan is an APR of 13.9 percent compounded monthly, how long will it take for you to pay off the loan