P5-3 Future value You have $100 to invest. If you put the money into an account earning 5% interest compounded annually, how much money will you have in 10 years? How much money will you have in 10 years if the account pays 5% simple interest? P5-26 Perpetuities Consider the data in the following table. Discount rate Perpetuity A Annual payment $ 20,000 100,000 3,000 60,000 8% 10 B 6 C 5 D Determine the present value of each perpetuity