MBA Exam

What is the present value of Rs. 1500/- due after 5 years at Simple Interest of 10% per annum?I'm nt even getting the question ! pls expain the terms "present value and future value" help me out !

1) 10000
2) 15000
3) 20000
4) 25000

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MBA Other Question
cot -1[{(1-sin a)^1/2+(1+sina)^1/2}/{(1-sina)^1/2- (1+sina)^1/2}]=..??

1) 2pie -a
2) pie-a/2
3) a/2 - 3pie
4) none of these
 Find the remainder 21 ^231 divided by 25.Please post ur Approach. Thnks.

1) 4
2) 16
3) 1
4) none of these