Q2. Determine the amount of money that would be accumulated in 12 years from an initial investment of $1000 at an interest rate of 8% per year. [$2518.20] Q3. An executor for a wealthy person's estate discovered an uncollected note of $100,000 dated July 10, 1973. At an interest rate of 6% per year, determine the value of the note on July 10, 2008. [$768,610] Q4. An engineer planning for retirement decides that she wants to have income of $100,000 per year for 20 years with the first withdrawal beginning 30 years from now. If her retirement account earns interest at 8% per year, determine the annual amount she would have to deposit for 29 years beginning 1 year from now. [$9445] Q5. A winner of the Texas State lottery was given two choices: receive a single lump sum payment now of $50 million or receive 21 uniform payments, with the first payment to be made now, and the rest to be made at the end of each of the next 20 years. At an interest rate of 4% per year, the amount of the 21 uniform payments that would be equivalent to the $50 million lump-sum payment would be closest to [$3,426,923]