1. Now, instead of calculating the future value of $100 today over different time periods and expected rates of return, assume the $100 sits out in years 1, 5 and 30 and calculate the present value of this $100 at a 10% expected rate of return (also called the discount rate). Similar to calculations in problem 1, calculate the present value of $100 sitting in year 5 at expected rates of return of 5%, 10% and 20%. As above, go to the top of your answers and describe the relationship between time and rate with respect to present value.