Question: a) Using the tables provided in Appendix A, if the future value of an investment five years from now needs to be $10,000, what is

a) Using the tables provided in Appendix A, if the future value of an investment five years from now needs to be $10,000, what is the present value? Assume the interest rate is 6%. b) Using the tables provided in Appendix A, if you would like to receive $1,000 per year for the next five years, how much would you have to invest today, assuming 6% interest.

Appendix A Present Value Tables Appendix A A-1

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