5-5. (Present value) What is the present value of the following future amounts? a. $805 to be received 10 years from now discounted back to the present at 10 percent b. $376 to be received 5 years from now discounted back to the present at 5 percent 206 PART 2 The Valuation of Financial Assets c. $1,203 to be received 8 years from now discounted back to the present at 4 percent d. $1,203 to be received 8 years from now discounted back to the present at 12 percent 5-6. (Compound value) Obaidullah Hamzah, who recently sold his Ford Mustang, placed $15,000 in a savings account paying annual compound interest of 7 percent. a. Calculate the amount of money that will be accrued if he leaves the money in the bank for 1,5, and 15 years. b. If he moves his money into an account that pays 8 percent or one that pays 10 percent, rework part (a) using these new rates. c. What conclusions can you draw about the relationship between interest rates, time, and future sums from the calculations you have completed in this