Question: Question 1: (Future Value) Use the time-value-of-money concepts to explain how much an investment of $ [the last 4 digits of your Student ID ]

Question 1: (Future Value)

Use the time-value-of-money concepts to explain how much an investment of $[the last 4 digits of your Student ID] will grow to in 10 years at 10% compounded annually?

For example, if you Panther ID is 1234567, the investment is $4567.

Question 2: (Present Value)

What is the present value of $800 to be received in 10 years from now discounted back to the present at [the last digit of your Student ID, if the last digit is 0, use 5] %?

For example, if your Panther ID is 1234567, the discounted rate is 7%.

Showing clearly which EQUATIONS from the textbook could be used to solve the problem mathematically
Indicating the detailed steps on how to use FINANCIAL CALCULATOR to solve the problems. You also need to let me know which financial calculator that you used.

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