Gereldo recently won a lottery and chose to receive $70 , 000 todsy instead of an equivalent amount in 10 years, computed using an 8. percert rote of return. Today, he leamed that interest rates are expected to increase in the future. Use Fahibit 31. Is this good news for Geraldo given his decision? FXHIBIT 3-1 Present Value of a Single Payment at Various Anmual Rates of .