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Please answer the following questions. All questions areseparate, not related. ThanksYou just graduated and landed your first job in your newcareer. You remember that your favorite finance professor told youto begin the painless job of saving for retirement as soon aspossible, so you decided to put away $5,000 at the end of each yearin a Roth IRA. Your expected annual rate of return on the IRA is6%. How much will you accumulate at retirement after 40 years ofinvesting?The present value of a perpetuity that pays $200 a year usingan annual discount rate 7% is closest to:Which one of the following is a use of cash? a) Decrease ininventories, b) Decrease in fixed assets, c) Decrease in accountspayable d) Increase in common equityAssuming you are a rational investor, the amount you should bewilling to pay for a 20 year ordinary annuity that makes paymentsof $4,000 per year and you require a 6% return per year is closestto:
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