FIN 3705-4A (Present value) What is the present value of the following future amounts?FIN 3705-4A (Present value)Axia College of University of Phoenix (UoP)Financial Management: Principles and Applications by KeownChapter Study QuestionsResource: Chapter 5-4A (Present value) What is the present value of the following future amounts?$800 to be received 10 years from now discounted back to the present at 10 percent$300 to be received 5 years from now discounted back to the present at 5 percent$1000 to be received 8 years from now discounted back to the present at 3 percent$1000 to be received 8 years from now discounted back to the present at 20 percent