Present valuePV (1+r)" A graph of the discounting process shows how the present value of any sum to be received in the future decreases and approaches as the years to receipt increases, and the present Valle declines faster at higher interest rates. The fundamental goal of financial management is to maximize the firm value, and the value of any asset is the present value of its expected tuture cash flows One can solve for either the interest rate or the number of periods using the Vand the Pequations. The easiest way to solve for these variables is with a Financial calculator or a spreadsheet Quantitative Problem 1: You depost 52,400 into an account that pays per year. Your plan is to withdraw the amount at the end of years to use for down payment on a cewce How much will you be able to withdraw at the end of years! Do not round witermediate calculations. Round your answer to the nearest cont. $ Quantitative Problem: Today, you mvest a lump sum amount in an equity fund that provides an annual return. You would like to have $11.700 in 6 years to help with a down payment for a home. How much do you need to deposit today to reach your $11.700 2001? Do not round intermediate calculations. Round your wer to the nearest cent