I know for a fact it is not A or C

Determine the present value of $60,000 to be received in one year, at 6% compounded annually (rounded to nearest dollar). Use the following table, if needed. Present Value of $1 at Compound Interest Periods 1 2 3 4 5 6 7 8 9 9 10 5% 0.95238 0.90703 0.86384 0.82270 0.78353 0.74622 0.71068 0.67684 0.64461 0.61391 6% 0.94340 0.89000 0.83962 0.79209 0.74726 0.70496 0.66506 0.62741 0.59190 0.55840 7% 0.93458 0.87344 0.81630 0.76290 0.71299 0.66634 0.62275 0.58201 0.54393 0.50835 10% 0.90909 0.82645 0.75132 0.68301 0.62092 0.56447 0.51316 0.46651 0.42410 0.38554 12% 0.89286 0.79719 0.71178 0.63552 0.56743 0.50663 0.45235 0.40388 0.36061 0.32197 Select the correct answer. . O $56,075 O $60,000 O $53,572 $56,604