Question 1: Calculate the future value of 1,535 invested today for 8 years at 6 percent.
Question 2. What is the total present value of the following cash stream, discounted at 8 percent?
Year Amount
1 400
2 750
3 945
4 145
5 78
Question 3. If you invested $2,000 per year into an IRA for 30 years and received 6 percent return each year, what would the account balance be in 30 years?