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Following is a table for the present value of $1 at compound interest: Following is a table for the present value of an annuity of

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Following is a table for the present value of $1 at compound interest: Following is a table for the present value of an annuity of $1 at compound interest: Using the tables provided, if an investment is made now for $15,150 that will generate a cash inflow of $5,050 a year for the next 4 years, the net present value (rounded to the nearest dollar) of the investment, assuming an earnings rate of 10%, is a. $859 b. $15,150 c. $5,050 d. $16,009

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