M12-13. Time Value of Money: Basics Using the equations and tables in Appendix 12A of this chapter, determine the answers to each of the following independent situations: a. The future value in two years of $5,000 deposited today in a savings account with interest com- pounded annually at 4%. b. The present value of $15,000 to be received in four years, discounted at 10%. C. The present value of an annuity of $2,500 per year for five years discounted at 12%. d. An initial investment of $69,845 is to be returned in eight equal annual payments. Determine the amount of each payment if the interest rate is 8%. e. A proposed investment will provide cash flows of $20,000, $25,000, and $30,000 at the end of Years 1, 2, and 3, respectively. Using a discount rate of 6%, determine the present value of these cash flows. f. Find the present value of an investment that will pay $3,000 at the end of Years 10, 11, and 12. Use a discount rate of 8%