(1). What is the present value of $10,000 to be received in 8years? The interest rate is 7%. (Round your answer to the nearest dollar).

(2). At an interest rate of 7% per year, how long will it take your investment to double in value?

(3). Your investment tripled in value in 8years. What is the rate of return that you earned on that investment?

(4). If you invest $5,000 today at the interest rate of 5% compounded semiannually, what will be the value of your investment after five years?