Use the Present Value of 51 table to detormine the present value of $1 recolved ene year from now. Assume a 12\%s interest rate. Use the same table to find the present value of $1 received two years from now. Continue this process for a lotal of flve years. Round to three decimal places. (Click the icon to vew Present Value of \$1 table] Read the teculements Requirement 1. What is the fotai pretent value of the cash fom received over the five-year poriod? Celoulate the total present value of $1 recoived each year, (Round to three decimal places, 0 ) Requirements 1. What is the totad present value of the cash fown resened over the five-year periog? 2. Could you characiente this stream of cash fows as an annug? Why or why not? 2. Use the Present Value of Ordinary Annuity of st table to detemine the present value of the same gbeam of cash fows. Compare your results to your antwer to Requirement 1 4. Explain your findingi. Reference