Q1. A $80,000 investment is made. Over a 5-year period, a return of $30,000 occurs at the end of the first year. Each successive year yields a return that is 6% less than the previous years return. If money is worth 5%, what is the equivalent present worth for the investment? Round entry to the nearest dollar.

Q2.

Suppose you make 30 annual investments in a fund that pays 4% compounded annually. If your first deposit is $10,000 and each successive deposit is 4% greater than the preceding deposit, how much will be in the fund immediately after the 30th deposit?

F = $ Round your answer to the nearest dollar..

Q3. Deposits are made at the end of years 1 through 7 into an account paying 9.5% per year interest. The deposits start at $4,000 and increase by $600 each year. Calculate the cashflows from year1-year7.

Year. Cashflow

1

2

3

4

5

6

7