Present and Future Values:

We have various problems this week that relate to present and future value of a single amount, present and future value of annuities, annuities equaling a present value, etc.

Given the variety of problems possible using this series of topics,

a) Single Amount: Write a practical word problem showing an illustration of a

realistic scenario or illustration involving a present or future value of a single amount

b) Write a practical word problem showing an illustration of a realistic scenario or illustration involving an annuity's present or future value.