Question: Below is a table for the present value of $1 at compound interest Yes 6% 10% 12% 1 0.909 0.943 0.890 2 0.893 0.797 0.712

Below is a table for the present value of $1 at compound interest Yes 6% 10% 12% 1 0.909 0.943 0.890 2 0.893 0.797 0.712 0.636 3 0.826 0.751 0.683 0.840 0.792 0.747 4 5 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 0.893 0.943 1.833 2.673 3.465 0.909 1.736 2.482 3.170 3.791 1.690 2.402 3 4 3.037 3.605 M 4.212 Using the tables above, what is the present value of $3,000 (rounded to the nearest dollar) to be received at the end of each of the next years, assuming an earnings rate of 12% SIO $15 b. $9,111 S76206 & S1 908

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