Question: 0 . What is the present value ( PV ) of $ 1 0 0 , 0 0 0 received five years from now, assuming

0. What is the present value (PV) of $100,000 received five years from now, assuming
the interest rate is 8% per year?
51. What is the future value (FV) of $60,000 in five years, assuming the interest rate is 5%
per year?
52. If the future value (FV) in two years of $100,000 invested in a certain fund that
compounds it at a fixed rate annually is $116,640, at what rate has it been compounded?
53. Sara wants to have $500,000 in her savings account when she retires. How much must
she put into the account now, if the account pays a fixed interest rate of 8%, to ensure that
she has $500,000 in 20 years time?
54. On the day Harry was born, his parents put $1000 into an investment account that
promises to pay a fixed interest rate of 4 percent per year. How much money will Harry
have in this account when he turns 18?
55. Consider the following timeline:
If the current market rate of interest is 9%, then the present value (PV) of this timeline as
of year 0 is closest to what?
56. Consider the following timeline:

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