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

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Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.909 0.943 0.890 2 0.826 0.893 0.797 0.712 0.636 3 0.840 0.751 4 0.792 0.683 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound Interest: 4 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 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables provided, the present value of $9,000 (rounded to the nearest dollar) to be received 3 years from today, assuming an earnings rate of 6%, is Oa. 57.560 Ob. $24,057 Oc. 59.000 Od 11.290

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