Assuming an interest rate of 5%, the present value of $20,000 to be received 7 years from now would be closest to: Data Table A Data Table O A. $28,140 OB. $14,220 O C. $17,280 OD. $26,800 Present Value of $1 Periods 5% 0.784 0.746 0.711 0.677 0.645 0.614 6% 0.747 0.705 0.665 0.627 0 592 0.558 8% 0.681 0.630 0.583 0.540 0.500 0.463 10% 0.621 0.564 0.513 Present Value of Annuity of $1 Periods 5% 4.329 5.076 5.786 6.463 7.108 107 .722 6% 4.212 4.917 5.582 6.210 6.802 7.360 8% 3.993 4.623 5.206 5.747 6.247 6.710 10% 3.791 4.355 4.868 5.335 5.759 6.145 0.467 0.424 0.386 Print Done Print Print Done