4) You have been awarded $400,000 in a lawsuit. The terms of the settlement specify that you will not receive the amount today. Instead, you will receive the money in equal annual installments over the next 20 years. If you can invest at 6%, what is the present value of your settlement today? Stated another way, what lump sum would make you as happy today as the twenty payments you are entitled to receive? 5) If you invest $1,000, at the end of each year, with the following terms, how much will you accumulate? 20 years 30 years 40 years 4% $ $ The 8% 12%