1. To determine the future amount of $100,000 is to be received five years from

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1. To determine the future amount of $100,000 is to be received five years from today, at 10 percent annual interest. (Round your FV factor to 3 decimal places and final answer to the nearest dollar amount. Omit the "$" sign in your response. ) 2. Tilman Company is required by a bond indenture to make equal annual payments to a bond sinking fund at the end of each of the next 20 years. The sinking fund will earn 8 percent interest and must accumulate to a total of $500,000 at the end of the 20-year period. Calculate the total amount of interest that will be earned by the fund over the 20-year period. (Round your FV factor to 3 decimal places. Do not round your intermediate calculations and round your final answer to the nearest dollar amount. Omit the "$" sign in your response.) 3. a) Determine the present value of $15,000 to be paid annually for 10 years, discounted at an annual rate of 6 percent. Payments are to occur at the end of each year. (Round your PV factor to 3 decimal places and final answer to the nearest dollar amount. Omit the "$" sign in your response.) Present value $ b) Determine the present value $9,200 to be received today, assuming that the money will be invested in a two-year certificate of deposit earning 8 percent annually. (Round your PV factor to 3 decimal places and final answer to the nearest dollar amount. Omit the "$" sign in your response.) Present value $ c) Determine the present value of $300 to be paid monthly for 36 months, with an additional "balloon payment" of $12,000 due at the end of the thirty-sixth month, discounted at a monthly interest rate of 1

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