1. What is the present value of a $10,000 annual annuity due with payments over 10 years if interest rates are 5.00%?
2. What is the future value of a $10,000 annual annuity due with payments over 10 years if interest rates are 5.00%?
3. Given a 7% annual interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,000, $10,000, $15,000 and $15,000, respectively.