(b)
Initial investment: -$1,000.00
Amount received:
Year 1 $500.00
Year 2 $500.00
Year 3 $500.00
(c)
Initial investment: -$1,000.00
Amount received:
Year 1 $1,000.00
Year 2 $500.00
Year 3 $100.00
(d)
Initial investment: -$1,000.00
Amount received:
Yearly in perpituity $60.00