Question 4: How much would you need to invest today in an investment that pays an annual 3% rate of return if you want to have $2,000 5 years from today? (in other words, what is the present value of $2,000 received 5 years from today?

Question 5: How much would you need to invest today in an investment that pays an annual 2% rate of return if you want to have $3,000 10 years from today? (in other words, what is the present value of $3,000 received 10 years from today?