Annuity questions
Q 1-Future value of annuity problem
You deposit $10,000 into a retirement account at the end of the next 10 years earning 9% interest, what is the future value of your retirement after 10 years?
Q 2-Perpetuity problem
What is the value of a perpetuity with an annual payment of $100 and a discount rate of 6%?
Q 3-Present value of single sum problem
You are going to be given $100,000 in 12 years. Assuming an interest rate of 3.5%, what is the present value of this amount?
Q-4 Future value of annuity problem
You deposit $5,000 into a retirement account at the end of the next 15 years earning 8% interest, what is the future value of your retirement after 15 years?
Q-5 Present value of annuity problem
You will receive $1,000 at the end of the next 10 years, assuming a 7% discount rate, what is the present value of the cash flows?
Please show your work. It can be completed in an excel spreadsheet.