Interest rate of 13% compounded annually I need to find how much can be lent now if $10000 will be repaid at the end of five years?

The formula you need to use is:

PV \cdot (1+i)^N = FV.


Here i = .13, FV (Future value) = $10,000, and N = 5 years. Can you solve for PV (present value)? You can use logarithms to solve.