eBook Present Value of Amounts Due Assume that you are going to receive $50,000 in 10 years. The current market rate of interest is 4%. a. Using the present value of $1 table in Exhibit 5, determine the present value of this amount compounded annually. Round to the nearest whole dollar b. Why is the present value less than the $50,000 to be received in the future? The present value is less due to over the 10 years