A Thomas Hankins expects to receive $2000 at the end of four years. What is the present value of this amount assuming a 6% annual compound interest rate (round your answer to the nearest dollar)? Present Value Interest Factors Period 24 4% 6% 8% 10% 1296 15% 20% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 9804 .9612 9423 9238 .9057 8880 8706 8535 8963 8203 8043 7885 7730 7579 7430 7284 .7142 .7002 6864 6730 .9615 .9246 .8890 .8548 8319 7903 .7599 7307 7026 .6756 .6496 .6246 6006 5775 5553 5339 5134 .4936 4746 4564 9434 8900 8396 7921 7473 7050 6651 6274 5919 5584 5268 4970 4688 4423 4173 3936 3714 3503 3305 3118 9259 8573 7938 7350 6806 6302 5835 5403 5002 4632 4289 3971 3677 3405 3152 2919 2703 2502 2317 2145 9091 .8264 .7513 .6830 .6209 .5645 .5132 4665 4241 3855 3505 3186 2897 2633 2394 2176 .1978 .1799 .1635 .1486 8929 7972 7118 6355 5674 5066 4523 4039 3606 3220 2875 2567 2292 2046 .1827 .1631 .1456 .1300 .1161 0037 8696 7561 6575 5718 4972 4323 3759 3269 2843 2472 2149 .1869 .1625 .1413 .1229 .1069 0929 0808 0703 0611 .8333 .6944 .5787 4823 4019 3349 2791 2326 .1938 .1615 .1346 .1122 .0935 .0779 .0649 0541 .0451 .0376 0313 .0261 Select one: a. $1711 b. $1679 c. $1584 d. $1524