The amount of the estimated average annual income for a proposed investment of $68,000 in a fixed asset, giving effect to depreciation (straight-line method), with a useful life of 4 years, no residual value, and an expected total income yield of $35,200, is a. $8,800 b. $35,200 c. $-1,200 d. $17,000 Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 0.840 0.751 0.712 4 0.792 0.683 0.636 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: 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 4 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 a. $9,000 b. $7,560 c. $11,290 d. $24,057 Previous Naut The amount of the average investment for a proposed investment of $194,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $23,900 for the 4 years is a. $48,500 b. $5,975 c. $23,900 d. $97,000