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compound interest is (round to two decimal points) The rate of earnings is 6% and the cash to be received in 4 years is $20,901.

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compound interest is (round to two decimal points) The rate of earnings is 6% and the cash to be received in 4 years is $20,901. The present value amount, using the following partial table of present value of $1 Year 6% 10% 12% 1 0.943 0.909 0.893 2 0 .890 0.025 0.797 3 0 .540 0.75 0.712 4 0.792 0.6 0636 $17.556.04 . 513,293.04 $16,553 d. $14.27538

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