Problem 13 * > You have until 10:01 PM to complete this assignment. Intro You expect to receive a payment of $1,000 from a trust fund in 16 years. The annual interest rate is 8%. Part 1 Attempt 1/1 for 10 pts. What is the present value of that amount? 0+ decimals Save Part 2 - Attempt 1/1 for 10 pts. If you invest the $1,000 at the same interest rate for another 16 years when you receive it in 16 years, what will be the future value? 0+ decimals Save