Assuming an interest rate of 10%, the present value of $30,000 to be received 7 years from now would be closest to: Present Value of $1 Periods 5 6 7 8% 0.681 0.630 0.583 0.540 0.500 0.463 10% 0.621 0.564 0.513 0.467 0.424 0.386 12% 0.567 0.507 0.452 0.404 0.361 0.322 14% 0.519 0.456 0.400 0.351 0.308 0.270 8 9 10 Present Value of Annuity of $1 Periods 8% 10% 12% 14% O A. $146,040 B. $15,390 C. $30,000 D. $21,000 9 0.500 0.463 0.424 0.386 0.361 0.322 0.308 0.270 10 Present Value of Annuity of $1 Periods 8% 3.993 4.623 5.206 8 5.747 6.247 10 6.710 ooooo voor 10% 3.791 4.355 4.868 5.335 5.759 6.145 12% 3.605 4.111 4.564 4.968 5.328 5.650 14% 3.433 3.889 4.288 4.639 4.946 5.216