You just received your tax refund of $1,500 and plan to invest it today at 4% interest compounded annually. How much will you have accumulated at the end of 5 years?

If your tax refund of $1,500 earned 4% interest compounded semi-annually, how much will you have accumulated at the end of 5 years?

How much would you have to invest today to have $20,000 for a down payment on a home in 7 years if the discount rate is 4%?

If you deposited $1,000 a year in your childs education fund at 6% interest compounded annually, how much will your childs fund be worth at the end of 10 years?

How much would you have to deposit today to receive $25,000 a year for 20 years, assuming a 7% interest rate?