1. Suppose that you deposit $710 in the bank at the end of each of the next 10 years. If the APR is 2% how much will be in your account at the end of 10 years?
2. Suppose that starting one year from now you will receive $410 a year at the end of every year. If the discount rate is 8% what is this stream of cash flows worth today?
3. Suppose that you will receive $240 at the end of every year starting 5 years from now (i.e. first payment EOY 5). What is this stream of cash flows worth if the cost of capital is 8%?
4. Suppose that one year from now you receive $410. At the end of the next nine years you receive a payment that is 3% larger than the prior year. If the cost of capital is 7% what is this stream of cash flows worth today?
5. Suppose that one year from now you will receive $540 and that at the end of every year thereafter you will receive a payment that is 2% larger than the prior payment. If the cost of capital is 6% what is this stream of cash flows worth today?