Use these present value tables to answer the question that follow. Below is a table for the present value of $1 at Compound interest. Year 6% 10% 1296 0.943 0.909 0.893 0.890 0.826 0.797 0.840 0.751 0.712 0.792 0.683 0.636 0.747 0.567 Below is a table for the present value of an annuity of $1 at compound interest 10% 12% 0.943 0.909 0.893 1.833 1.736 1.690 2.673 2.487 2.402 3.465 3.170 3.037 4.212 3.791 Using the tables above, what is the present value of 59,705.00 (rounded to the nearest dollar) to be received at the end of each of the next four years, assuming an earnings rate of 12%? a $23,311 b. $29,474 c. $9,705 d. $34,987 Previous Next ST Email Instructor Submit Test for Gra Year 6% 12% Below is a table for the present value of $1 at Compound interest. 10% 0.943 0.909 0.893 0.890 0.826 0.797 0.840 0.751 0.712 0.792 0.683 0.636 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest 0.909 Year 6% 10% 12% 0.943 0.893 1.833 1.736 1.690 2.673 2.482 2.402 3.465 3.170 3.037 4.212 3.791 3.605 Using the tables above, what is the present value of 39,705.00 (rounded to the nearest dollar) to be received at the end of each of the next four years, assuming an earnings rate of 12%? a $23,311 b. $29,474 $9,705 Cd. $34,987