questions 1-8 please

How is the future value related to the present value of a single sum? (L09-1) 2. How is the present value of a single sum related to the present value of an annuity? (LO9-3) 3. Why does money have a time value? (LO9-1) 4. Does inflation have anything to do with making a dollar today worth more than a dollar tomorrow? (L09-1) 5. Adjust the annual formula for a future value of a single amount at 12 percent for 10 years to a semiannual compounding formula. What are the interest factors (FV1F) before and after? Why are they different? (L09-5) 6. If, as an investor, you had a choice of daily, monthly, or quarterly compounding, which would you choose? Why? (L09-5) 7. What is a deferred annuity? (L09-4) 8. List five different financial applications of the time value of money. (L09-1)