1. A company deposits $10,000 in a bank at the beginning of each year for 20 years. The account earns 4% interest, compounded every 6 months. What is in the account at the end of 20 years?

2. Dru plans to invest 8,800 dollars in 6 years and 8,100 dollars in 5 year(s). He expects to earn 10.48 percent per year. How much money does Dru expect to have in 11 years?

Please show your work

3. Compare and contrast the payback method, the internal rate of return method, and the net present value method. Which is more “accurate”? Why? Are there shortcomings of either method? Be specific.