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Compute the present value of $47,000, invested for six years at 6%. 6% Present value of $1: 5% 7% 8% 9% 3 0.864 0.840 0.816

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Compute the present value of $47,000, invested for six years at 6%. 6% Present value of $1: 5% 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. $33,135 B. $35,955 C. $30,315 OD. $40,968

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