The present value of a $100 three-year annuity due (first cash flow occurs today) discounted at a rate of 10 % is equal to 1) $300.00 2) $248.69 3) $273.55 4) $135.17 Question 8 (2 points) Saved Which of the following is NOT an example of annuity cash flows? 1) The university tuition bill you pay every month that is always the same 2) The grocery bill that changes every week 3) The $3.50 you pay every morning for a bagel and coffee as you run to your first morning class 4) All of these examples are annuity cash flows