1. What is the price of a 365-day Treasury Bill with a face value of £1,000,000 and which has 69 days to maturity if it trades at a discount rate of 6.75%
2. What is the present value of $2500 per year for 10 years discounted back to the present at 7 percent?
3. How many years does it take for $10,000 to grow into $48,010.21 if the investment earns 8% APR compounded semi-annually?
What is the present value of $1,800 to be received six years from now discounted at 5% APR compounded quarterly?