Review each problem below and determine if it is a future value question or a present value question. Choose the correct match.

Note: do not solve the problems, simply determine if the problem is a future value question or a present value question.

Claudia deposited $1,000 today. Assuming 7% annual interest, how much will the $1,000 be worth in one year?

Steven White plans to retire in 15 years with $400,000 saved. He thinks his savings can earn 10 percent per year. How much does Steven White have to deposit today in order to have $400,000 in 15 years?

What will a deposit of $4,500 today at 10% compounded semiannually be worth if left in the bank for six years?

If Joe deposits every payment in an account paying a nominal annual interest rate of 6% compounded monthly, how much will he have at the end of three years?

If you want $1,000 five years from now and you earn 5 percent on your savings, how much do you need to deposit today?