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Following is a table for the present value of $1 at compound interest: 1 1 Year 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826

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Following is a table for the present value of $1 at compound interest: 1 1 Year 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interesti Year 10% 12% 0.943 0.909 0.893 2 1.833 1.736 1.690 2.673 2.487 2.402 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables provided, the present value of $3,000 (rounded to the nearest dollar) to be received at the end of each of the next 4 years, assuming an earnings rate of 12%, Ca 59,111 b. $1,900 C. 57.206 d. $10,815 3 1 Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 0.792 0.683 0.636 5 0.747 0.621 0.567 4 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 2 3 4 0.943 0.909 0.893 1.833 1.736 1.690 2.673 2.487 2.402 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables provided, the internal rate of return of an investment of $210,600 that would generate an annual cash inflow of $50,000 for the next 5 years is Ca. 10% b. 12% Oc 14% d. 6%

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