Calculate the present value of each of the following cash flow streams. Use a discount rate of 10%.

a. $500 received at the end of five years

b. $500 received annually for each of the next five years

c. $500 received at the end of fifty years.

d. $500 received annually for 100 years

Given Discount rate	0.1	0.1	0.1	0.1
Cash Flow	500	500	500	500
Year (s)	5	5	50	100
rate	0.1	0.1	0.1	0.1
nper	5	5	??	??
pmt	0	500	??	??
fv	500	0	??	??
excel function	pv	pv	pv	pv
value	($310.46)	($1,895.39)	??	??
answer	310.46	1,895.39	??	??