Question 1) How much will you have in 5 years if you put $10,000 into an account that earns 6% annually?
Question 2) What is the present value of $100,000 you will receive in 10 years if you are using an 8% discount rate?
Question 3) How much will you have in 10 years if you invest $1,000 a year starting today at an interest rate of 7%?
Question 4) What is the present value of $2,000 received at the end of each year for the next 15 years at a discount rate of 7%?
Question 5) How are the processes of discounting and compounding related? Explain.