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Question 36 (Mandatory) (5 points) Using the following partial table of present value of $1 at compound interest, the present value of $15,000 to be
Question 36 (Mandatory) (5 points) Using the following partial table of present value of $1 at compound interest, the present value of $15,000 to be received 3 years hence with earnings at the rate of 6% a year is Year 1 6% 0.943 1096 0.909 12% 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 $12,600 $11.880 $13,350 $11,265
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