### Solving for the Present Value and Future Value

Answer these problems and show your work: 1. Calculate the present value of the following lump sums: a. $100,000 to be received five years from now with a 5% annual interest rate b. $200,000 to be received 10 years from now with a 10% annual interest rate 2. Calculate the future value of the following lump sums: a. $100