P2.Find the future value of $10000 invested now after five years if the annual r

P2.Find the future value of $10000 invested now after five years if the annual rate is 8 percent.a. What would be the future value if the interest rate is a simple interest rateb. What would be the future value if the interest rate is a compound interest rate?P3. Determine the future values if $5000 is invested in each of the following situations:a. 5 percent for ten yearsb. 7 percent for seven yearsc. 9 percent for four yearsP4.You are planning to invest $2500 today for three years at a nominal interest rate of 9 percent with annual compounding.a. What would be the future value of your investmentb.Now assume that inflation is expected to be 3 percent per year over the same three year period. What would be the investment s future value in terms of purchasing power c. What would be the investment s future value in terms of purchasing power if inflation occurs at a 9 percent annual rate