Use these present value tables to answer the question that follow. Below is a table...
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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% 10% 12% 0.909 ON Min 0.890 0.751 0.943 0.893 0.826 0.797 0.840 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. Year 6% 10% 12% 0.943 0.909 0.893 1.833 1.690 2.673 2.487 2.402 3.465 3.170 3.037 4.212 3.791 1.736 NMT in 3.605 Using the tables above, what is the present value of $18,952.00 (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. $68,322 Ob. $45,523 c. $57,557 O d. $18,952
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