Following is a table for the present value of $1 at compound Interest: Year 10% 12% 6% 1 0.943 0.909 0.893 0.797 2 0.890 0.826 3 0.840 0.751 0.712 4 0.792 0.636 0.683 0.621 5 0.747 0.567 Following is a table for the present value of an annuity of $1 at compound Interest: 10% 1 3 4 Year 6% 12% 0.943 0.909 0.893 2 1.833 1.736 1.690 2.673 2487 2.402 3.465 3.170 3.037 4.212 3.791 3.605 Using the tables provided, an investment is made now for $23,500 that will generate a cash innow of $8,000 a year for the next 4 years, the net present vnue of the Investment, assuming an earnings rate of 10% a. 51.860 On 52530 OC 16.050 Od 523300 5