1. Suppose that one year from now you receive $570. What is it worth today if the discount rate is 4% (round to 2 decimal places, do not include the $)?
2. Suppose that you will receive $1386 ten years from now. What is it worth today if the cost of capital is 8% (round to 2 decimals, do not include $)?
3. Suppose that you deposit $510 in the bank today. How much will you have in the bank ten years from now if the APR is 9% (Round your answer to 2 decimals, do not include $)?
4. Suppose that you deposit $510 in the bank today. How much will you have in the bank ten years from now if the APR is 9% (Round your answer to 2 decimals, do not include $)?