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Jackson's brother promises to give him $6,000 when graduates in two years. What amount would Jackson accept right now (today) rather than wait for two

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Jackson's brother promises to give him $6,000 when graduates in two years. What amount would Jackson accept right now (today) rather than wait for two years if he can earn 8.0% per year on his investments? a. $6,480 b. $5,144 c. $5,520 d. $4,640 e. $6,080 What is the future value of a 15-year ordinary annuity with annual payments of $2,000 if the annual interest rate is 14% ? (Choose the closest value) a. $81,009 b. $214,138 c. $11,449 d. $12,284 e. $87,685

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