hi yaz nick!!

hmmm... i'm not too sure how to compute compund interest but this is how i would do it:

use the compund interest formula:
A = P(1 + r/n)^(nt)
where t is in years, P is principal invested, and r is annual interest compunded n times per year.

our initial investment (P) is $5000, the interest is r=.06 compunded annually n=1, and t=3 (because we will be receiving more money after three years).  plug these guys into the formula:

5000(1 + .06/1)^(1*3) = 5955.08

after three years, we will receive $5000 more so add that to 5955.08 which gives us 10955.08.  we use the formula again but this time taking P=10955.08 and t=1.

10955.08(1+.06)^(1) = 11612.38

in the fourth year, we will receive an aditional $5000 so the total present value is:
11612.38 + 5000 = 16612.38

Present Value = 5,000 + 5,000/(1.06^3) + 5,000/(1.06^4)
= 13,158.46

This is done by using the formula
A = P*(1 + r/100)^n
Since the interest is compounded annually, r =6 and n=0, 3 and 4.
Therefore,
P = A/(1 + r/100)^n
Is that clear?

I like it ... 
And I noticed it ...
Just hadn't mentioned it ...
Now, who is it ... ?