Question: How much does it need now for $1 to be received in 1 year, 2 years, 3, 4, upto12 years if the annual interest rate

How much does it need now for $1 to be received in 1 year, 2 years, 3, 4, upto12 years if the annual interest rate is 5%? and 10%? 


Plot both cases (5% and 10%) on the same chart with clear labels.

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