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In the next seven years, you will invest in a friend's company by providing him with the following money. If your money is currently in

In the next seven years, you will invest in a friend's company by providing him with the following money. If your money is currently in an account with an interest rate of 10%, how much do you need?If your money is currently in an account with an interest rate of 10%, how much do you need?
Year 1: $10,000
Year 2: $11,500
Year 3: $13,000
Year 4: $14,500
Year 5: $16,000
Year 6: $17,500
Year 7: $19,000

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