Time Value of Money Homework Problems. Please show your work.

P5. Calculate the future value of the following cash flow stream if the opportunity cost rate is 8%: $100 at the end of the first year, $200 at the end of the second year, $500 at the end of the third year, and $650 at the end of the 4^th year.

P6. What is the present value of $100 to be received at the end of every year in between now and forever if the opportunity cost rate is 5%?

P9. If you invest $1,000 today and earn $1,000,000 in 40 years, what is your time-compounded annual rate of return?