An investor has asked for your help with the following time value of money applications. Table 6-4. (Use appropriate factor(s) from the tables provided. Round the PV factors to 4 decimals.) Required: a. What is the present value of $69,000 to be received in six years using a discount rate of 2% ? (Round your answer to 1 decimal place.) Present value b. How much should be invested today at a return on investment of 2% compounded annually to have $69,000 in six years? (Round your answer to 1 decimal place.) Amount to be invested c. If the return on investment was greater than 2% compounded annually, would the amount to be invested today to have $69,000 in six years be more or less than the answer to part b? More OLess