What is the present value of the following future amounts?
a.$800 to be received 10 years from now discounted back to present at 10%
b.$300 to be received 5 years from now discounted back to present at 5%
c.$1000 to be received 8 years from now discounted back to present at 3%
d.$1000 to be received 8 years from now discounted back to present at 20%
2. what amount will the following investments? accumulate?
a. ?$5000 invested for 10 years at 10 percent compounded annually.
b. ?$8000 invested for 7 years at 8 percent compounded annually.
c. ?$775 invested for 12 years at 12 percent compounded annually.
d. ?$21000 invested for 5 years at 5 percent compounded annually.
