If P25,000 is invested now, P35,000 two years from now, and P45,000 four years from now (all at 4%), what will be the total amount in ten years?

How much invested now at 8% would be just sufficient to provide three payments, with the first payment in the amount of $9,000 occurring two years hence, then $6,000 five years hence, and finally $3,000 seven years hence? Click the icon to view the interest factors for discrete compounding when i = 8% per year. The invested amount should be $ (Round to the nearest dollar.)

Before last year, Ellie (Luke's wife) taught music and earned $30,400. She also earned $9,600 by renting out their basement as a studio apartment. Ellie saves every month. At the end of a typical year she would have saved a total of 10% from her wages and the income earned from the basement for the entire year, and earned a total of 0.5% in interest (for the entire year). At the beginning of last year, Ellie stopped teaching music. She also stopped renting out their basement, and began to use it as the office for her new web design business. The balance on her savings account was $150,000, and she took $5,000 from this account to buy a new laptop computer and a new printer (which also functions as a scanner and a facsimile). She also borrowed $12,000 from the local bank to purchase additional machinery and equipment (a graphics tablet, desktop computer, studio camera and an external hard drive). Her loan payment is $250 per month. During last year, she paid $3,000 for the lease of a…