Problem :

You are planning your retirement and you come to the conclusion that you need to have saved $1,250,000 in 30 years. You can invest into an retirement account that guarantees you a 5% annual return. How much do you have to put into your account at the end of each year to reach your retirement goal?

Problem :

You will receive a stream of payments beginning at the end of year 1 and the amount will increase by $10 each year until the final payment at the end of year 5. If the first payment is $50, what amount will you have at the end of year 5 if you can invest all amounts at a 7% interest rate?

Problem :

You will receive a stream of annual $70 payments to begin at the end of year 0 until the final payment at the end of year 5. What amount will you have at the end of year 5 if you can invest all amounts at a 11% interest rate?

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