Present value calculations-effects of compounding frequency, discount rates, and time periods Using a present value table, your calculator, or a computer program present value function, verify that the present value of $100,000 to be received in five years at an interest rate of 16%, compounded annually, is $47,610. Calculate the present value of $100,000 for each of the following items (af) using these facts, except a. Interest is compounded semiannually. b. Interest is compounded quarterly. c. A discount rate of 12% is used. d. A discount rate of 20% is used. e. The cash will be received in three years. f. The cash will be received in seven years