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If the present value of $ 1 5 0 , 0 0 0 to be received ten years from now is equal to $ 1

If the present value of $150,000 to be received ten years from now is equal to $103,000, which of the following statements would be false?
(Assume the same interest rate of return for all statements.)
Question 5 options:
The future value of $103,000 in ten years is $150,000
The promise to receive $150,000 in ten years is worth $103,000 today
A promise to receive $103,000 per year for ten years has a present value of $150,000
$103,000 invested today will be worth $150,000 in ten years

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