Assuming an interest rate of 12%, the present value of $30,000 to be received 8 years from now would be closest to Present Value of $1 Periods 5 6 7 8 9 10 567 Present Value of Annuity of $1 Periods 8% 3.993 4.623 5.206 5.747 8 9 10 8% 0.681 0.630 OA. $28,800 OB. $149,040 C. $30,000 OD. $12,120 0.583 0.540 0.500 0.463 6.247 6.710 10% 0.621 0.564 0.513 0.467 0.424 0.386 10% 3.791 4.355 4.868 5.335 5.759 6.145 12% 0.567 0.507 0 452 0.404 0.361 0 322 12% 3.605 4.111 4.564 4.968 5.328 5.650 14% 0.519 0 456 0 400 0.351 0.308 0.270 14% 3.433 3.889 4.288 4.639 4.946 5.216 KWA

Assuming an interest rate of 12%, the present value of $30,000 to be received 8 years from now would be closest to A. $28,800 B. $149,040 C. $30,000 D. $12,120