We will say that the governor of your state decided to restore bridges in your state. The cost for repairing the bridges will be $850,000,000. How much must the governor raise in taxes to fund the bridge restoration program? Or if the governor decided to issue a bond. What is the dollar value of bonds that need to be issued to finance the bridge renovations? We will compare restoring the bridges in three years and five years. The rate of return is 4%. In other words, what is the present value of $850,000,000 for three and five years? What did you learn from the present value example? What else do you need to know about the present value?