Please answer the following twoquestions

1.

Suppose you are depositing an amount today in an account that earns 4% interest,

compounded annually. If your goal is to have $10,000 in the account at the end of

six years, how much must you deposit today?

2.

Suppose you are depositing $10,000 today in an account that earns 4% interest,

compounded annually. What will be the balance in the account at the end of six years

if you make no withdrawals?