What is the present value of $2,500 received 11 years from now, if the appropriate discount rate is 8% ? $693.22 $1,978.14 $988.46 $1,072.21 Question 2 2.5pts You plan to deposit $700 into your money market account at the end of each year. If that account earns 10% annually, how much will you have in your account after 8 years? $896.14 $9.781.24 $1,500.51 $8,005.12