Please complete the following calculations showing all work.
*Compound Interest - what amount will the following investments accumulate?
1) $5,000 invested for 10 yrs at 10% compounded annually
2). $8,000 invested for 7 yrs at 8% compounded annually
3). $775 invested for 12 years at 12% compounded annually
4). $21,000 invested for 5 years at 5% compounded annually
*Present value - what is the present value of the following future amounts?
1). $800 to be received 10 yrs from now discounted back to the present at 10%
2). $300 to be received 5yrs from now discounted back to the prseent at 5%
3). $1,000 to be received 8 yrs from now discounted back to the present at 3%
4) $1,000 to be recieved 8 yrs from now discounted back to the present at 20%