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Q4. A CNC punch press will cost $100,000 ten years from now. If money is worth 8%, what will be the cost of the machine

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Q4. A CNC punch press will cost $100,000 ten years from now. If money is worth 8%, what will be the cost of the machine 20 years from now? Q5. An individual wishes to deposit a sum of $10,000 now and $5,000 three years from now in the same account. Determine the accumulated amount at the end of 10 years if the interest rate is 8% per year, compounded quarterly

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