You have a savings account that earns 5% interest,compounded annually.A friend has offered you an investment opportunity;he says that if you invest in his new business,he will pay you $10,000 a year for the next five years.What is the maximum amount you would be willing to invest in your friend's business? (Future Value of $1,Present Value of $1,Future Value Annuity of $1,Present Value Annuity of $1. )(Use appropriate factor from the PV tables.Round your final answer to the nearest dollar amount. )

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The Answer of You have a savings account that earns 5% interest,compounded annually.A friend has offered you an investment opportunity;he says that if you invest in his new business,he will pay you $10,000 a year for the next five years.What is the maximum amount you would be willing to invest in your friend's business? (Future Value of $1,Present Value of $1,Future Value Annuity of $1,Present Value Annuity of $1. )(Use appropriate factor from the PV tables.Round your final answer to the nearest dollar amount. )

You Have a Savings Account That Earns 5% Interest,compounded Annually