QUESTION 7

What's the present value of $100,000 discounted back 10 years if the appropriate interest rate is 6.5%, compounded quarterly?

QUESTION 9

Your father's employer was just acquired, and he was given a severance payment of $643,500, which he invested at a 7.0% annual rate. He now plans to retire, and he wants to withdraw $65,000 at the beginning of each year, starting at the beginning of this year. How many years will it take to exhaust his funds, i.e., run the account down to zero?

QUESTION 11

What is the present value of the following cash flow stream at a rate of 12.0%?

Years:	0	1	2	3
CFs:	-$1250	-$2,450	$4,175	$6,400

Please answer all questions and show work