Below is a table for the present value of $1 at Compound interest.

Year

6%

10%

12%

1

.943

.909

.893

2

.890

.826

.797

3

.840

.751

.712

4

.792

.683

.636

5

.747

.621

.567

Below is a table for the present value of an annuity of $1 at compound interest.

Year	6%	10%	12%
1	.943	.909	.893
2	1.833	1.736	1.69
3	2.673	2.487	2.402
4	3.465	3.17	3.037
5	4.212	3.791	3.605
	Using the tables above, what would be the present value of $8,000 (rounded to the nearest dollar) to be received two years from today, assuming an earnings rate of 12%? A.$5696 B.$5088 C.$7144 D.6376