Show calculate steps and timeline

1. You think you can sell a parcel of land for $90,000 4 years from today. How much should you pay for the land if you require a 7% annual rate of return and you can rent the land for $5,000 per year while you own it?

2. An investment will provide annual cash flows of $20,000 for 9 years and then be sold for $100,000. If you pay $184,698 for the investment; what is your rate of return? (First cash flow is received 1 year from today.)

3. How much do you need to deposit each month (starting in one month) if you want to accumulate $500,000 for retirement and your account currently has $65,000; and you want to retire in 20 years? Account earns 6%

4. If you got a loan of $150,000 for 25 years @6%,with mo. Pmts., what would the remaining loan balance be at the end of the 8th year? ___________