Question: Need help with this question. Following is a table for the present value of $1 at compound interest: Year 10% 124% 1 0.943 0.909 0.893
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Following is a table for the present value of $1 at compound interest: Year 10% 124% 1 0.943 0.909 0.893 0.890 0.826 0.797 3 0.840 0.751 0.712 4 10.792 0.583 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound Interest: Year 10% 1 0.943 0.909 0,893 1.833 1.736 1.690 3 2.673 2447 2.402 3,465 3.170 3.037 4.212 3,791 3.605 Using the tables provided, the present value of $8,926.00 (rounded to the nearest dollar) to be received at the end of each of the next 4 years, assuming an earnings ratio of 12%, is Oa. 58,926 Ob. 527,108 Oc. 521,440 Od. 532178
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