4) Your business is expected to generate a $50,000 profit at the end of year 1,and profit willincrease by 10% per year through year 10. If you can earn 7% annual interest compoundedannually, what is the present value of all your profits over the next 10 years??Answer5) What is the future value at the end of year 12 of an investment that starts at $2,000 and growsby 8% per year for 12 years ($2,000 is invested at the end of year 1). The interest rate $ 9%annual compounded annually