Required:
Compute and show your work for the following scenarios:
•Calculate the present value of the following lump sums: â—¦$100,000 to be received five years from now with a 5% annual interest rate â—¦$200,000 to be received 10 years from now with a 10% annual interest rate
•Calculate the future value of the following lump sums: â—¦$100,000 if invested for five years at a 5% annual interest rate â—¦$200,000 if invested for 10 years at a 10% annual interest rate
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