To determine the appropriate discount factor(s) using tables, click here to view Tables FV1, PV1, FVA1, or PVA1 in the appendix. Alternatively, if you calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem. (Round your answers to the nearest whole dollar amount.)

1. The future value of $16,000 invested at 7 percent for 8 years. 2. The future value of eight annual payments of $1,250 at 7 percent interest. 3. The amount that must be deposited today (present value) at 7 percent to accumulate $37,000 in five years. 4. The annual payment on a 12-year, 5 percent, $43,000 note payable.