3. If you think you can sell an asset for $60,000 in five years and you think the appropriate discount rate is 9%, how much would you be willing to pay for the asset today? For example, you were buying a classic car. 4. John is 25 years old right now. He needs $650,000 at age of 65 to retire comfortably. If his mutual fund account can generate an average annual rate of return of 7%, how much money he needs to put in right now