What is the present value of $2,100 a year at a discount rate of 8 percent if the first payment is received 7 years from now and you receive a total of 23 annual payments? What is the present value of $2,100 a year at a discount rate of 8 percent if the first payment is received 7 years from now and you receive a total of 23 annual payments? What is the present value of $2,100 a year at a discount rate of 8 percent if the first payment is received 7 years from now and you receive a total of 23 annual payments?