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Given below are the present value factors for $1.00 discounted at 11% for one to five periods. Interest is compounded annually at 11%. Present Value

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Given below are the present value factors for $1.00 discounted at 11% for one to five periods. Interest is compounded annually at 11%. Present Value of $1 Discounted at 11% per Period Periods 0.901 0.812 0.731 0.659 0.593 If an individual deposits $22200 in a savings account today, what amount of cash would be available two years from today? $22200 -0.9012 $22200 -0.812 O $22200X0.812 $22200 X 0.8122

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