(Suggested time for completion: 7 minutes) Given an annual interest rate of 8.0%, compute the present value of an ordinary annuity cash flow of $2,000 per year for forty years. For TVM excel file, click here If instead the PV tables are preferred, click here. **Use 4 digits in your calculations and 2 digits in your answer. 1) $226,566,40 2) $23,849.20 3) $22,515.60 4) $91,524.00 5) $518,113.00 06) $19,636.20 7) $60,000.00