Solve the followings.

1- Sami is planning to invest $10,000 in a bank fixed deposit for 5 years. The bank promises to pay 9 percent interest rate on the deposit. What is the future value of Mr.Sami investment?

2-You are planning to buy a BMW sports car next year. You predict the car will cost $ 50,000. If your bank pays 5 percent interest on your savings, compounded annually, how much will you need to deposit today to have $50,000 after one year?

3-Suppose that a firm deposits $ 5,000 at the end of each year for four years at 6 percent rate of interest. How much will be the value of this annuity at the end of fourth year?