5.5 Gift at Year Present Value 1 10,000/(1.07) = $9,345.79 2 10,000/(1.07)2= 8,734.39 3 10,000/(1.07) 38,162.98 4 10,000/(1.07)47,628.95 $33,872.11 Gift at Year Future Value 1 10,000 x (1.07) = $12,250.43 2 10,000 (1.07) = 11,449 3 10,000 (1.07) = 10,700 4 10,000 = 10,000 $44,399.43