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Present and future value tables of 1 at 9% are presented below. PV of $1 FV of $1 PVA of $1 FVAD of $1 1

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Present and future value tables of 1 at 9% are presented below. PV of $1 FV of $1 PVA of $1 FVAD of $1 1 2 3 4 5 6 0.91743 0.84168 0.77218 0.70843 0.64993 0.59627 1.09000 1.18810 1.29503 1.41158 1.53862 1.67710 0.91743 1.75911 2.53129 3.23972 3.88965 4.48592 1.0900 2.2781 3.5731 4.9847 6.5233 8.2004 FVA of $1 1.0000 2.0900 3.2781 4.5731 5.9847 7.5233 Mustard's Inc. sold the rights to use one of its patented processes that will result in cash receipts of $3,800 at the end of each of the next five years and a lump sum receipt of $5,300 at the end of the fourth year. The total present value of these payments if interest is at 9% is: Multiple Choice O $14,781. O $3,755. O $18,536. $11,026

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