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Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of an annuity of
Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of an annuity of $1 at compound interest. Using the tables above, what would be the present value of $62,000 (rounded to the nearest dollar) to be received 3 years from today, assuming an earnings rate of 6% ? a. $52,080 b. $62,000 c. $77,773 d. $165,726
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