QUESTION $9$

What is the present value of $$25,000$ to be received $5$ years from today if the discount rate is $6$ percent?

$$18,293\mathrm{.}62$

$$19,217\mathrm{.}67$

$$19,001\mathrm{.}28$

$$18,681\mathrm{.}45$

OUESTION $10$