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Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797

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Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 40.792 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 interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2. 1.833 1.736 1.690 3 2.673 2.487 2.402 3.037 5 4.212 3.791 3.605 Using the tables provided, if an investment is made now for $19,800 that will generate a cash inflow of $6,600 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 $6,600 b. 519,800 C. $1,122 d. $20,922 himenando Torrent Locator ogresse

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