Question: . Based on the above table, what is the present value of $1,000 at 12% at the end of 5 years? a) $3,605.00 b) $

. Based on the above table, what is the present value of $1,000 at 12% at the end of 5 years?

a) $3,605.00

b) $ 0.57

c) $ 567.00

d) $ 892.86

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