This question: 5 points) possible Submit test Use the Present Value of $1 table to determine the present value of $1 received one year from now Assume an 8% interest rate. Use the same table to find the present value of $1 received two years from now Continue this process for a of five years. Round to three decimal places Click the icon to view Present Value of $1 table) Requirement 1. What is the total present value of the cash flows received over the five-year? Camale the total present value of $1 ved each year (Round to three tema placas XX00) One year from now Two years from now Present Value Three years on now Four years from Total present ve Requirement 2. Could you characters this sien of an owe i The sofa fows Time ning Meet Total present value Requirement 2. Could you characterize this stream of cash flows as an annuity? Why or why not? The stream of cash flows an annuity because a stream of Requirement 3. Use the Present Value of Ordinary Annuity of $1 table to determine the present value of the same stream of cash flows. Compare your results to your answer to Requirement found to pax) (Ok the to view Present Vue of Ordinary Annuity of $1 The present val of any of $5 dach year t The sum of the present vals in Raquement Requirement 4 Explain your findings This ever shows how Annulty PV the present value calculated with the Present Value of Ordinary Armity of $1 of the PV lados found in the Present Value of $1 tables determin laces Value of $1 Reference Present Value of $1 7% 8% 9% 10% 12% 14% 16% 15% 18% 20% 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 0.873 0.857 0842 0.826 0.797 0.769 0.756 0.743 0.718 0.694 0.816 0.794 0.772 0.751 0.712 0.675 0.658 0.641 0.609 0.579 0.763 0.735 0.708 0.683 0.636 0.592 0.572 0.552 0.516 0.482 0.681 0.650 0.621 0.567 0.519 0.497 0.476 0.437 0.402 Periods Period 1 Period 2 2% 1% 3% 4% 5% 0.990 0.980 0.971 0.962 0.952 0.980 0.961 0.943 0.925 0.907 6% 0.943 0.890 ent Value Period 3 0.971 0.942 0.915 0.889 0.864 Period 4 0.961 0.924 0.888 0.855 0823 Period 5 0.951 0.906 0.863 0.822 0.784 Period 6 0.942 0.888 0.837 0.790 0.746 Period 7 0.933 0.871 0.813 0.760 0.711 Period 8 0.840 0.792 0.747 0.713 0.705 0.666 0.630 0.665 0.623 0.583 0.923 0.853 0.789 0.731 0.677 Period 9 0.914 0.837 0.766 0.703 0.645 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.627 0.582 0.540 0.592 0.544 0.500 0.463 aracterize this s an annuity t sent Value of Ord resent Value of O uity of $1 receive es in Requiremen 0.595 0.564 0.507 0.456 0.432 0.410 0.370 0.335 0.547 0.513 0.452 0.400 0.376 0.354 0.314 0.279 0.502 0467 0.404 0.351 0.327 0.305 0.266 0.233 0.460 0.424 0.361 0.308 0.284 0.263 0.225 0.194 0.422 0.386 0.322 0.270 0.247 0.227 0.191 0.162 Period 11 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.287 0.237 0.215 0.196 0.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0356 0319 0.257 0.208 0.187 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0.459 0.415 0.368 0.326 0.290 0.229 0.182 0.163 0.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.205 0.160 0.141 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.352 0.315 0275 0.239 0.183 0.140 0.123 0.108 0.064 0.065 Period 16 0.853 0.728 0.623 0.534 0.458 0.394 0.339 0.292 0.252 0.218 0.163 0.123 0.107 0.093 0.071 0.054 Period 17 0.844 0.714 0.605 0.513 0.436 0.371 0.317 0.270 0.231 0.198 0.146 0.108 0.093 0.080 0.060 0.045 0.250 0.212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 Period 18 0.836 0.700 0.587 0.494 0.416 0.350 0.296 Period 19 0.828 0.686 0.570 0.475 0.396 0.331 0.277 0.232 0.194 0.564 0.116 0.083 0.070 0.060 0.043 0.031 Period 20 0.820 0.673 0.554 0.456 0.377 0312 0.258 0.215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 Period 21 0.811 0.660 0.538 0.439 0.359 0.294 0.242 0.199 0.164 0.135 0.093 0.064 0.053 0.044 0.031 0.022 Period 22 0.803 0.647 0522 0422 0.342 0.278 0.226 0.164 0.150 0.123 0083 0.056 0.046 0.038 0.026 0.018 Period 23 0.785 0.634 0.507 0.406 0.326 0.262 0.211 0.170 0.138 0.112 0.074 0.049 0.040 0.033 0.022 0.015 bur findings. Annuity PV factors Print Done from now. Continu d to three decimal places me Remaining: 01:47:48