Question: Use these present value tables to answer the question that follow Below is a table for the present value of $1 at Compound interest. 6%

 Use these present value tables to answer the question that follow

Use these present value tables to answer the question that follow Below is a table for the present value of $1 at Compound interest. 6% 0.943 0.890 0.840 0.792 0.747 10% 0.909 0.826 0.751 0.683 0.621 1296 0.893 0.797 0.712 0.636 0.567 Year 4 Below is a table for the present value of an annuity of $1 at compound interest. 6% 0.943 1.833 2.673 3.465 4.212 10% 0.909 1.736 2.487 3.170 3.791 12% 0.893 1.690 2.402 3.037 3.605 Year 4 Using the tables above, what is the present value of $17,582.00 (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. $42,232 b. $53,397 . $17,582 Od. $63,383

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