Below is a table for the present value of $1 at compound interest. Year 1 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. Year 12% 1 0 6% .943 1.833 .673 3.465 4.212 10% 0.909 1.736 2.487 3.170 3.791 3 2 0.893 1.690 2.402 3.037 3.605 Using the tables above, if an investment is made now for $20.000 that will generate a cash inflow of $7,000 a year for the next 4 years, what would be the present value of the investment cash inflows, assuming an earnings rate of 12? a. $3,969 b. $21,259 c. $22,190 d. $20,352