Question: Compute the present value for the following: $3,000 to be paid in one year with a 9% discount rate $3,000 to be paid in three

  1. Compute the present value for the following:
    1. $3,000 to be paid in one year with a 9% discount rate
    2. $3,000 to be paid in three years with a 9% discount rate
    3. $4,000 to be paid in ten years with a 5% discount rate

Please show all work and explain, thank you

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