Below is a table for the present value of $1 at compound interest. Year 1 2 3 4 5 6% 0.943 0.890 0.840 0.792 0.747 Year 1 2 3 4 5 10% 0.909 0.826 0.751 0.683 0.621 Below is a table for the present value of an annuity of $1 at compound interest. 6% 0.943 1.833 2.673 3.465 4.212 10% 0.909 1.736 2.487 12% 0.893 0.797 0.712 0.636 0.567 3.170 3.791 12% 0.893 1.690 2.402 3.037 3.605 Using the tables above, what would be the present value of $8,000 to be received one year from today, assuming an earnings rate of 12%?