a. How much money would you have to invest today to accumulate ?$3,100 after 4 years if the rate of return on your investment is 15?%?
b. What is the present value of ?$3,100 that you will receive after 4 years if the discount rate is 15?%?
c. What is the most you would spend today for an investment that will pay ?$3,100 4 years if your opportunity cost is 15%??
d. ?Compare, contrast, and discuss your findings in part a through c.