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An investor expects to receive $80,000 at the end of 5 years from today. Requirement 1: What is the present value of the $80,000 payment,

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An investor expects to receive $80,000 at the end of 5 years from today. Requirement 1: What is the present value of the $80,000 payment, assuming a discount rate of 13 percent per year? (Enter rounded, answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Present Value 43420.7 Requirement 2: Which one of the following would increase the present value of the $80,000 payment to be received in 5 years? Change (Click to select) an increase in the time period an increase in the interest rate a decrease in the future value a decrease in the interest rate

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