Answer each of the questions

6 Answer each of the questions ) (5 ) 4- Present Value (4Marks) Interest rates Number of years Future value ? 6 OR1,450 8% ? OR15,000 OR1,350 OR12,000 b- Salim will receive 20,000 at the end of 5 years. He has been given three options 13,000, 11,000 and 15,000. If the discount rate is 7.5% which option chauld hacalant. And the mauro 1