2. (10 points) You are promised to receive $1,000 today and $2,000 each in Year 4 and 5. The interest rate is 12%. 1) (5 points) What is the worth of this promise today (present value)? Use the NPV function to answer the question. 2) (5 points) What is the worth of this promise in Year 9? Use the FV formula (not the FV function) to answer this question (Hint: compute a FV of each cash flow at the end of year 9 and sum them up)