Compute the present value of $46,000, invested for six years at 8%. Present value of $1: 5% 6% 7% 8% 9% 0.86 0.84 0.81 0.79 0.77 3 4 6 4 2 4 5 0.82 0.79 0.76 0.73 0.70 3 2 3 5 8 0.78 0.74 0.71 0.68 0.65 4 7 3 1 0.74 0.70 0.66 0.63 0.59 6 6 6 5 0.71 0.66 0.62 0.58 0.54 623 3 7 7 1 5 A) $36,647 B) $25,300 C) $32,660 D) $28,980