1. Calculate the future value of the following cash flows with an annual interest rate of 3%.
Year 0: 0
Year 1: 300
Year 2: 50
Year 3: 100
Year 4: 500
2. Calculate the net present value of the following cash flows with an annual interest rate of 2%.
Year 0: −300
Year 1: +200
Year 2: +200
Year 3: +700
Year 4: −100