Question: Question 15 (5 points) Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 0.943 0.909 0.893 0.890



Question 15 (5 points) Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 0.943 0.909 0.893 0.890 0.826 0.797 W N 0.840 0.751 0.712 4 0.792 0.683 0.636 0.747 0.621 0.567Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 0.943 0.909 0.893 2 1.833 1.736 1.690 W 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605Using the tables above, if an investment.is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years, what would be the present value of the investment cash inflows, assuming an earnings rate of 12%? O $20,352 $3,969 $22,190 O $21,259
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