5. If you wish to have $10,000 ten years from now, how much money must you invest today in a savings certificate that pays 8 percent per year? 1. What is the present value (today) of the following cash flows at an interest rate of 12 percent per year? a. $100 received today. b. $100 received five years from now. c. $100 received 10,000 years from now. d. $100 received each year beginning one year from now and ending ten years from now. e. $100 received each year beginning one year from now and continuing forever