1. Future Value of an Annuity Due If the future value of an ordinary, 7-year annuity is $7,500 and interest rates are 5 percent, what's the future value of the same annuity due?
2. Solving for Rates What annual rate of return is earned on a $3,500 investment when it grows to $7,500 in seventeen years?
3. What is the PV of the receipt of $5,000 per year for 5 years at 10%, then $2,500 per year for 5 years, at 12%?