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An investor has asked for your help with the following time value of...

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Accounting

An investor has asked for your help with the following time value of money applications. Table 6-4.
Note: Use appropriate factor(s) from the tables provided. Round the PV factors to 4 decimals.
Required:
What is the present value of $50,000 to be received in five years using a discount rate of 8%?
How much should be invested today at a return on investment of 8% compounded annually to have $50,000 in five years?
If the return on investment was greater than 8% compounded annually, would the amount to be invested today to have $50,000 in five years be more or less than the answer to part b?

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