1. Given a 6 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,850, $2,150, $2,150, and $2,250. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
2. Given a 3 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,200, $1,500, $1,500, and $1,600. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
3. Given a 6 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,300, $1,500, $1,500, and $1,800. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)