Question $29$ of $50$

If the interest rate is $10\%,$ the present value of $$100,000$ to be received one year from now is $$90,910.$ Which two statements are correct?

The present value of receiving $$50,000$ at the end of each year for the next three years is less than $$90,910.$

The present value of receiving $$50,000$ at the end of each year for the next two years is more than $$90,910.$

The present value of receiving $$25,000$ at the end of each year for the next four years is more than $$90,910.$

The present value of receiving $$50,000$ at the end of each year for the next two years is less than $$90,910.$

The present value of receiving $$25,000$ at the end of each year for the next four years is less than $$90,910.$