Assuming an interest rate of 14%, the present value of $30,000 to be received 8 years from now would be closest to: Present Value of $1 8% Periods 12% 10% 14% 0.681 5 0.621 0.567 0.519 6 0.630 0.456 0.564 0.507 0.452 0.583 0.513 0.400 0.540 04670.404 0.351 8 0.5000.424 0.361 0.308 0.322 0.270 0.463 0.386 10 Present Value of Annuity of $1 10% 12% 14% Periods 8% 3.605 3.433 3.993 3.889 4.623 4.355 111 4.564 4.288 7 5.206 4.868