What is the present value of end-of-year cash flows of $2000 per year, with the first cash

Question:

What is the present value of end-of-year cash flows of $2000 per year, with the first cash flow received three years from today and the last one 22 years from today? Use a of 8%. Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...