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Hi, please help how to calculate the following? Today is Jan 1, year 1. Discount rate for the cash flows is 8%, find present value.

Hi, please help how to calculate the following?

Today is Jan 1, year 1. Discount rate for the cash flows is 8%, find present value.

  1. $50 received at the end of each year for 20 years, December 31 each year form year 1 to year 20?
  2. $50 received at the beginning of each year for 20 years, December 31 each year form year 1 to year 20?

Thank you.

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