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1. 2. Charles will have $5,000 in the bank after 5 years. The bank will pay Charles 10% interest annually. What is the present value

1.
Charles will have $5,000 in the bank after 5 years. The bank will pay Charles 10% interest annually. What is the present valu

2.

Charles puts $3,000 in the bank. The bank will pay Charles 8% interest annually. What is the future value of $3,000 after 5 y  

Charles will have $5,000 in the bank after 5 years. The bank will pay Charles 10% interest annually. What is the present value of the $5,000? (Round answers to nearest whole number. Do not enter commas or periods in the answer)

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