Compute the present value of an $1,550 payment made in eight years when the discount rate is 10 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value What would be more valuable, receiving $400 today or receiving $575 in three years if interest rates are 8 percent? O receiving $400 today O receiving $575 future What is the future value of a $880 annuity payment over five years if interest rates are 9 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Future value