Use the present value and future value tables to incorporate the time value of money. Knowledge Check 01 What is the present value of $250,000 to be received after 8 years? Assume a discount rate of 13 percent. $664,600$83,221$87,640$94,050 Use the present value and future value tables to incorporate the time value of money. Knowledge Check 02 What is the future value of $1,500 if it is invested at 11 percent for 5 years? $2,415.75$2,527.65$2,643.45$2,805.60