) Your wealthy uncle established a bank account with $1,500 for you when you were born.

Chapter 6 - Hello I need help with the following Business Finance Questions. 

Q1.) Your wealthy uncle established a bank account with $1,500 for you when you were born. For the first 9 years of your life, the interest rate earned on the account was 4%. Since then, rates have been only 2%. Now you are 23 years old and ready to cash in. How much is in your account? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Amount________________?

Q2.) A factory costs $510,000. You forecast that it will produce cash inflows of $155,000 in year 1, $215,000 in year 2, and $370,000 in year 3. The discount rate is 11%.

a. What is the value of the factory? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Value of the Factory____________?

Q3.) a. If you borrow $2,700 and agree to repay the loan in four equal annual payments at an interest rate of 10%, what will your payment be? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Amount of Payment___________

b. What will your payment be if you make the first payment on the loan immediately instead of at the end of the first year?