1) find the lump that must be deposited today to have a future value of $ 25,000 in 5 years if funds earn 6 % componded annually.

$ 18681.45

Step-by-step explanation:

Given: Future value :

The rate of interest :

The number of time period :

The formula to calculate the future value is given by :-

, where P is the initial amount deposited.

Hence, the lump that must be deposit today : $ 18681.45

the y will be in still but your answer will be y x 3

step-by-step explanation:

jk: )