Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 0.943 0.909 0.893 1 2 0.890 0.797 0.712 3 0.826 0.751 0.683 0.840 4 0.792 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 4 2.673 2.487 2.402 3.465 3.170 3.037 4.212 3.791 3.605 Using the tables provided, the present value of $9,559.00 (rounded to the nearest dollar) to be received at the end of each of the next 4 years, assuming an earnings rate of 12%, is 5 a. $34,460 b. 529,031 C. $22,961 d. $9,559