How much would you have to invest today to receive 15600 in 5 years at 10 percent?

To determine how much you need to invest today to receive $15,600 in 5 years at a 10% annual interest rate, you can use the present value formula: (PV = \frac{FV}{(1 + r)^n}), where (PV) is the present value, (FV) is the future value ($15,600), (r) is the interest rate (0.10), and (n) is the number of years (5).

Plugging in the values: (PV = \frac{15600}{(1 + 0.10)^5} = \frac{15600}{1.61051} \approx 9687.14).

Thus, you would need to invest approximately $9,687.14 today.