a. The future value in two years of $9,500 invested today in a certificate of deposit with interest compounded annually at 10 percent. $ 0 b. The present value of $11,000 to be received in five years, discounted at 8 percent. so I c. The present value of an annuity of $24,500 per year for four years discounted at 12 percent Support $ 0 d. An initial investment of $46,220 is to be returned in six equal annual payments. Determine the amount of each payment if the interest rate is 16 percent. $ 0 e. A proposed investment will provide cash flows of $11,000, $14,000 and $12,000 at the end of Years 1, 2, and 3, respectively. Using a discount rate of 16 percent, determine the present value of these cash flows. Present Value Year 15 Year 2 Year 3 Total 5