Use the TVM operations on your calculator to answer the following questions Unless otherwise stated, assume that interest rates are given annual and payments are made monthly. Round your answers to 2 decimal places. a) If you purchase a parcel of land today for $50,000 and you expect it to appreciate 10 percent per year in value, how much will your land be worth 10 years from now? N= I= PV= PMT = FV= b) Jerry invests $2,500 at the end of each year in an investment which pays 9 percent interest compounded annually for seven years. What is the expected value of that investment in seven years? N= I= PV = PMT = FV= c) What is the balance on a 30-year fixed loan of $370,000 at 4.5% annual interest rate after 10 years? N= I= PV= PMT = FV= d) What is the mortgage payment on a $1.5 million 30-year mortgage at 5.55% interest? N= I= PV = PMT = FV= e) Assume $7,000 is invested for 10 years. The annual interest rate is 6%, compounded quarterly. What is the expected value of the investment in 10 years? N= I= PV = PMT= FV=