Present value of amounts due Assume that you are going to receive $ 50,000 in 10 years. The current market rate of interest is 4%. A.Using the present value of $ 1 table in Exhibit s, determine the...

Present value of amounts due

Assume that you are going to receive $ 50,000 in 10 years. The current market rate of interest is 4%.

A.Using the present value of $ 1 table in Exhibit s, determine the present value of this amount compounded annually.

B.why is the present value less than the $50,000 to be received in the future?