1. A company wants to have $50,000 at the beginning of each 6-month period for the next 4 1 2 years. If an annuity is set up for this purpose, how much must be invested now if the annuity earns 6.07%, compounded semiannually?
2. A debt of $9000 is to be amortized with 4 equal semiannual payments. If the interest rate is 10%, compounded semiannually, what is the size of each payment? (Round your answer to the nearest cent.)
3. What is the investments of fv at rates of 0%,5% and 20% after 0,1,2,3,4 and 5 years.