Question : Please answer below questions with detail working

1. Calculate the future value of $4, 600 received today if it is deposited at 9 percent for three years.

2. Aunt Tillie has deposited $33, 000 today in an account which will earn 10 percent annually. She plans to leave the funds in this account for seven years earning interest. If the goal of this deposit is to cover a future obligation of $65, 000, what recommendation would you make to Aunt Tillie?

3. Calculate the future value of an annuity of $5,000 each year for eight years, deposited at 6 percent.

4. Mr. Jackson has been awarded a bonus for his outstanding work. His employer offers him a choice of a lump-sum of $5, 000 today, or an annuity of $1, 250 a year for the next five years. Which option should Mr. Jackson choose if his opportunity cost is 9 percent?

5. Dana Winners broker has shown him two bonds. Each has a maturity of 5 years, a par value of RM1,000, and a yield to maturity of 12%. Bond A has a coupon interest rate of 6% paid annually. Bond B has a coupon interest rate of 14% paid annually. Calculate the fair price of each of the bonds, Bond A and Bond B.

6. Victory Garden will pay a dividend of RM0,72 next year. The CEO of the company declared that the company will maintain a constant growth rate of 7% per year every year from now on. How much will you pay for the stock if your required return is 10%?