Question 3 The following are exercises in present values i $100 at the end of three years is worth how much today, assuming a discount rate of(i) 100 percent? (ii) 10 percent? (iii) 0 percent? ii. What is the aggregate present value of $500 received at the end of each of the nextthree years, assuming a discount rate of (1) 4 percent? (ii) 25 percent? iii. $100 is received at the end of one year. $500 at the end of two years, and $1,000 at theend of three years. What is the aggregate present value of these receipts, assuming adiscount rate of (1) 4 percent? (ii) 25 percent? iv. $1,000 is to be received at the end of one year. $500 at the end of two years, and $100at the end of three years. What is the aggregate present value of these receipts assuminga discount rate of (1) 4 percent? (ii) 25 percent