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34 Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of an annuity

34

image text in transcribed Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of an annuity of $1 at compound interest. Using the tables above, what would be the present value of $13,867 (rounded to the nearest dollar) to be received 4 years from today, assuming an earnings rate of 10% ? a. $43,958 b. $10,983 c. $13,867 d. $9,471

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