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Term 1 year 2 years 3 years 5 years 10 years 20 years Rate (EAR%) 5.0096 4.80% 4.60% 4.50% 4.25% 4.15% The present value of receiving $1000 per year with certainty at the end of the next three years is closest to: O $2723 O $2733 O $2744 O $2737 The correct formula for the after tax interest rate is O (1-T)*i O (1-1)*T 0 (T-1)*i O (i-1)*T