Present Value of an Annuity Determine the present value of $200,000 to be received at the end of each of four years, using an interest rate of 7%, compounded annually, as follows: a. By successive computations, using the present value table in Exhibit 4. Round to the nearest whole dollar First year Second Year Third Year Fourth Year Total present value b. By using the present value table in Exhibit 5. Round to the nearest whole dollar O-Icon Key