Present Value of Amounts Due Assume that you are going to receive $540,000 in 10 years. The current market rate of interest is 7% a. Using the present value of st table in Exhibit S, determine the present value of this amount compounded annually Round to the nearest whole color X b. Why is the present value less than the $540,000 to be received in the future? The present value is less due to the compounding of interest over the 10 years