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1. If you place $1,000 toda place $1,000 today in an investment earning 10 percent per year, will be the value of that investment in

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1. If you place $1,000 toda place $1,000 today in an investment earning 10 percent per year, will be the value of that investment in five years? Since the factors in Table 2A-1 indicate the value today of $1,000 to be received at some date in the future, the inverse of the factors indicates the value in the future of an amount placed at interest today. The factor in the "10%" column and "year 5" row is 0.621; the future value after five years, of $1,000 placed at 10 percent interest today, is 1,000 X 601 = $1,610

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