Question 1: Assume you deposit \$2.000 every three months at a 8 percent annual rate, compounded quarterly. How much will you have at the end of (15vears? Question 2: You borrow a fve-1 ar $10,000 loan with monthly payments of $250. What is the anmul percentage rate (APR) on the loan? Question 3: How much would you have to invest today to receive $40,000 in 10 years at 7.5 percent per year? Question 4: PNT Ms. Nelson will receive $15,000 a year for the next 20 years from her retirement fund. If a 5 percent interest rate is applied, what is the current value of her retirement fund? Question 5: Assume you deposit $2,000 every six months at 10 percent compounded semi-annuallv How much will you have at the end of 10 years? Question 6: If you need $20,000 for your son's education in10 years, how much must you deposit at the besinning of each year in the bank eaming 5 percent in order to have the college money ready? Question 7: If you have $10,000 in a savings account earning 10 percent, how large an amuty can you draw out each year if you want nothing left at the end of 7 years? Question-8: Yor 6orrom $1,000 at a 10 percent anmual rate to be repaid in 3 equal payments at the end of each of the netn 3 years. How large is the total interest payment over the three years? Question 9: I imvested $800,000 in a cattle ranch and I sold that ranch for $2,500,000 ten years later. What was my annital percentage rate retum? Question 10: How much can I borrow for the purchase of my first home if 1 can afford to make monthly payments of $500, and the annual interest rate is 6 percent on a 30-yerit mortgage