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Below is a table for the present value of $1 at compound interest. Year 6% 0.943 0.890 0.840 0.792 0.747 10% 0.909 0.826 0.751 0.683

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Below is a table for the present value of $1 at compound interest. Year 6% 0.943 0.890 0.840 0.792 0.747 10% 0.909 0.826 0.751 0.683 0.621 12% 0.893 0.797 0.712 0.636 0.567 Below is a table for the present value of an annuity of $1 at compound interest 1296 6% 0.943 1.833 2.673 3.465 4212 10% 0.909 1.736 2.487 3.170 3.791 0.893 1.690 2.402 3.037 3.605 Using the tables above, what is the present value of $6,000 to be received at the end of each of the next 4 years, assuming an earnings rate of 10%? . $20,790 b. $14,412 C. $19,020 d. $25,272

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