1. If you have four years child by the time he/she turns eighteen and you need a 100,000 for them and the interest rate is 4%. How much you need to save now? What is the present value?
2. Andrew has $500 he put the side $500 semi annual and he planned to keep the money for 15 years and the interest rate is %6 how much would he have in next 15 years? Looking for future value?
3.net present value, person wants to open up a club they have 150,000 at the beginning he expect the profit of 50,000 after 2 years,3 years he is expecting $70,000 profit and the $60,000 in 4 years! Should he begin his investment if the interest rate is 3.5 annual?