Annual Compounding - Finance Department

$500 received eight years from today. Would you rather receive $1,000 today or $2,000 in 10 years? Assume a discount rate of eight percent. The government has issued a bond that will pay $1,000 in 25 years. The bond will pay no interim coupon payments. What is the present value of the bond if the discount rate is 10 percent? ................
................