1) What is the value today of receiving a single payment of $18000 in 6 years if your required rate of return on this investment is 20% compounded semi-annually?
2) If you deposit $450 at 25% annual interest compounded daily, how much money will be in the account after 8 years? (Assume that there are 364 days in a year and show your answer to the nearest cent.
3) Suppose you deposit $125 today, $145 in one year, and $645 in two years in an account that pays an annual rate of interest of 15%. How much money will be in the account after 3 years?
please show work/steps to how answer was found,