You invest $1,000 today and expect to sell your investment for $2,000 in 10 years. a-1. Calculate the present value of the future payoff, if the interest rate is 6%. (Do not round intermediate calculations. Ro answer to 2 decimal places.) a-2. Is this a good deal? b-1. Calculate the present value, if the interest rate is 10% (Do not round intermediate calculations. Round your answert places.) b-2. Is this a good deal? a-1. Present value a-2. Is this a good deal? b-1. Present value b-2. Is this a good deal? Prey 1 of 40 WE Next >