After a protracted legal case Joe won a settlement that will pay him $11000 ea

After
a protracted legal case Joe won a settlement that will pay him $11000
each year for the next ten years. If the market interest rates are
currently 5% exactly how much should the court invest today assuming
end of year payments so there will be nothing left in the account after
the final payment is made? Mary
just deposited $33000 in an account paying 7% interest. She plans to
leave the money in this account for eight years. How much will she have
in the account at the end of the seventh year? Mary
and Joe would like to save up $10000 by the end of three years from
now to buy new furniture for their home. They currently have $1500 in a
savings account set aside for the furniture. They would like to make
equal year end deposits to this savings account to pay for the furniture
when they purchase it three years from now. Assuming that this account
pays 6% interest how much should the year end payments be?