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. Year
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% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2. 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 Using the tables above, if an investment is made now for $23,700 that will generate a cash inflow of $7.900 a year for the next four years, what would be the net present value (rounded to the nearest dollar) of the investment, assuming an earnings rate of 10% Oa. 37.900 b. 51343 Oc. 523.700 Od, $25,043 3.605
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