Below is a table for the present value of $1 at Compound interest Year 6 10 12 1 0 943 0 909 0 893 2 0 890 0 826 0 797 3 0 840 0 751 0 712 4 0 792 0 683 0 636 5 0 747 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 0 943 0 909 0 893 2 1 833 1 736 1 690 3 2 673 2 487 2 402 4 3 465 3 170 3 037 5 4 212 3 791 3 605 Using the tables above, what is the present value of $11,216 00 (rounded to the nearest dollar) to be received at the end of each of the next 4 years, assuming an earnings rate of 12 $26,941 $11,216 $40,434 $34,063

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Question: Below is a table for the present value of $1 at Compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797

Below is a table for the present value of $1 at Compound interest.

Year	6%	10%	12%
1	0.943	0.909	0.893
2	0.890	0.826	0.797
3	0.840	0.751	0.712
4	0.792	0.683	0.636
5	0.747	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	0.943	0.909	0.893
2	1.833	1.736	1.690
3	2.673	2.487	2.402
4	3.465	3.170	3.037
5	4.212	3.791	3.605

Using the tables above, what is the present value of $11,216.00 (rounded to the nearest dollar) to be received at the end of each of the next 4 years, assuming an earnings rate of 12%?

$26,941

$11,216

$40,434

$34,063

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