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You have decided to save money for your son's college tuition. You will put away $1,679.00 every six months for the next 15.00 yoars. If

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You have decided to save money for your son's college tuition. You will put away $1,679.00 every six months for the next 15.00 yoars. If the account will pay 8.00% APR with semi-annual compounding, what is the future value of this investment? (treat as regular annuity) Answer format: Currency: Round to: 2 decimal places. An imvestor contributes $823,00 per quarter in an account that pays 7.40% APR with quarterly compounding. The first contribution will be made next quarter. What is the future value of this account in 16.00 years? Answer format: Cumency: Pound to: 2 decimal places. A lender offers you a mortgage with an APR of 3.36% with monthly compounding. What is the effective rate of interest charged by the lender? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Wall accept decimal format Atternpts rounded to 4 decimal places (ex: 0.0924)) An elite law school will charge you $35,500.00 for your first year of tuition. This is due at the beginning of the year. You anticipate tultion to increase by 4.00% each year going forward. You w spend three years in the law program. You are unsure what discount rate to use to value the opportunity. You have a conservative discount rate, 5.00%, and an aggressive rate of roturn, 11.00%. Using the conservative discount rate, what is the value of the fuition the day you start the law school? Answer format: Currancy: Round to: 2 decimal places

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