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Compute the present value of $43,000, invested for six years at 7%. Present value of $1: 5% 6% 7% 8% 9% 3 0.864 0.840 0.816

Compute the present value of $43,000, invested for six years at 7%.

Present value of $1:

5%

6%

7%

8%

9%

3

0.864

0.840

0.816

0.794

0.772

4

0.823

0.792

0.763

0.735

0.708

5

0.784

0.747

0.713

0.681

0.650

6

0.746

0.705

0.666

0.630

0.596

7

0.711

0.665

0.623

0.583

0.547

A.$31,648

B.$35,805

C.$25,628

D. $ 28,638

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