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Is this correct or did I miscalculate? Below is a table for the present value of $1 at Compound interest. Below is a table for

image text in transcribedIs this correct or did I miscalculate?

Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of an annuity of $1 at compound interest. Using the tables above, what would be the present value of $12,099 (rounded to the nearest dollar) to be received 4 years from today, assuming an earnings rate of 10% ? a. $9,582 b. $38,354 c. $12,099 d. $8,264

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