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You expect to receive a payment of $1,000 from a trust fund in 10 years. The annual interest rate is 5%. What is the present

You expect to receive a payment of $1,000 from a trust fund in 10 years. The annual interest rate is 5%.

What is the present value of that amount?

If you invest the $1,000 at the same interest rate for another 10 years when you receive it in 10 years, what will be the future value?

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