Regina Henry deposited $20,000 in a money market certificates that provides interest of 10% compound and quarterly if the amount is maintained for 3 years. How much will Regina have at the end of 3 years?

Will Smith will receive $80,000 5 years from now, from a trust fund established by his father. Assuming the appropriate interest rate for discounting is 12% (compound that semiannually), what is the present value of this amount today?