Assuming an interest rate of 14%, the present value of $50,000 to be received 8 years from now would be closest to Present Value of $1 Periods 8% 10% 12% 14% 5 0.681 0.621 0.567 0.519 6 0.630 0.564 0.507 0.456 7 0.583 0.513 0.452 0.400 8 0.540 0.467 0.404 0.351 9 0.500 0.424 0.361 0.308 10 0.463 0.386 0.322 0.270 oo Present Value of Annuity of $1 Periods 8% 5 3.993 6 4.623 7 5.206 8 5.747 9 6.247 10 6.710 O 000 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 O A. $231.950 O B. $17.550 O C. 550.000 O D. $56.000 w