The present value of

$43,000

to be received in one year, at

6%

compounded annually, is (rounded to nearest dollar). Use the following table, if needed.\ Present Value of

$1

at Compound Interest\ \\\\table[[Periods,

5%

,

6%

,

7%

,

10%

,

12%

The present value of $43,000 to be received in one year, at 6% compounded annually, is (rounded to nearest dollar). Use the following table, if needed. Present Value of $1 at Compound Interest a. $40,566 b. $40,187 c. $43,000 d. $38,393