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What is the future value with annual compounding

Task:

Q1. What is the future value of $4,000 invested at 6% for 22 years with annual compounding?

Q2. What is the future value of $4,000 invested at 6% for 22 years with monthly compounding?

Q3. What is the future value of $4,000 invested at 6% for 22 years with continuous compounding?

Q4. What is the present value of 1,000,000 pesos due in 14 years with a discount rate = 7% using annual compounding?

Q5: What is the present value of 1,000,000 peso due in 14 years with a discount rate = 7% using continuous compounding?

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## Q : Explain the time value of money

Explain the time value of money using this scenario as an example.