QUESTION 1 investment promises to pay you $50 at the end of each year for the next 10 years. What is a fair price for this investment if the interest rate is 8% per year? Round your answer to 2 decimal places. QUESTION 2 You have $500 in a savings account, and you plan to deposit an additional $1,000 at the end of each year until your account totals $500,000. You expect to earn 2% annually on the account. How many years will it take to reach your goal? Round your answer to 2 decimal places. QUESTION 3 You have S0 savings but want to accumulate $20,000 in 5 years. You plan to deposit money into your bank account at the end of each year. Your bank account earns 0.05% interest per year. What annual deposit must you make each year to reach your financial goal? Round your answer to 2 decimal places. QUESTION 4 You have $0 savings for retirement but plan to open a Roth IRA . The expected annual return is 6%. If you deposit $2,000 each year for the next 10 years, then how much will you have at the end of 10 years? Round your answer to 2 decimal places. Hint: your answer should be a positive number. If not, try again