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Calculate the present value of an annuity of $100,000 received annually that begins today and continues for 8 years, assuming a discount rate of 11.5%.

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Calculate the present value of an annuity of $100,000 received annually that begins today and continues for 8 years, assuming a discount rate of 11.5%. What are the time periods? What is the annual interest / discount rate? What is the payment amount? What is the Future Value? What is the Present Value? Round all answers to the nearest dollar. Please make sure to include the proper sign and use commas. Ex: Your answer should be 10,000 not 10000.25

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