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you are offered the opportunity to put some money away for retirement. You will received 1 0 annual payments of $ 5 0 0 0

you are offered the opportunity to put some money away for retirement. You will received 10 annual payments of $5000 each beginning in 26 years. If you desire an annual interest rate of 12% compounded monthly, answer the following two questions:
a. How much would you be willing to invest today
b. How much would the money ( that you will be willing to invest today) be worth at the end of your last payment (i.e.,in year 35)

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