confused

QUESTION 1

1. "Suppose you invest $1000 into a mutual fund that is expected to earn a rate of return of 4.5%. How money will you have in 9 years? .Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."

QUESTION 2

1. "If $1000 is invested in a certain business at the start of the year, the investor will receive $400 at the end of each of the next 11 years. What is the present value of this business opportunity if the interest rate is 12% per year?Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."