Task: Determine the present value of the following. (use formulas or charts)
1. An investment which will return $10,000 in 10 yrs; similar investments are generating an 8% return.
2. $10,000 to be received every year, for the next five years. Expected interest rate for similar investment is 10%
3. Is "a" an annuity problem or a simple present value problem.
4. Is "b" an annuity or a simple present value problem