(Solution) - Using the present value tables in Appendix A calculate the -(2025 Original AI-Free Solution)
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Using the present value tables in Appendix A, calculate the present value of the following:
1. $250,000 to be received three years from today, assuming an annual interest rate of 6%.
2. $2,500 to be received annually at the end of each of 10 periods, discounted at 8%.
3. $4,000 receivable at the end of each of the next five periods when the market rate of interest is 5%.