(f) Consider 1 to be paid at the end of 25 months with an annual effective rate of discount 2.5%. Find the present value (correct to four decimal places), by applying (1) the compound discount throughout, (1 mark) (ii) the compound discount for the first 2 years and the simple discount for the remaining fraction of the period. (2 marks) (f) Consider 1 to be paid at the end of 25 months with an annual effective rate of discount 2.5%. Find the present value (correct to four decimal places), by applying (1) the compound discount throughout, (1 mark) (ii) the compound discount for the first 2 years and the simple discount for the remaining fraction of the period. (2 marks)