How are TVM formulas analogous to currency exchange rates? At an annual interest rate of 6%, which would you prefer; three annual year-end cash flows of $250 each with the first cash flow one year from today or $668.25 today? Why? (You could be indifferent.) Respond to one classmate who has a different preference and provide an argument against his preference. Note: If everyone has the same preference, you do not need to respond to a classmate