The present value of $59,000 to be received in one year, at 6% compounded annually, is Present Value of $1 at Compound Interest (rounded to nearest dollar). Use the following table, if needed. Periods 5% 6% 7% 10% 12% 1 0.95238 0.94340 0.93458 0.90909 0.89286 2 0.90703 0.89000 0.87344 0.79719 0.82645 0.75132 3 0.86384 0.83962 0.81630 0.71178 0.63552 4 0.82270 0.76290 0.68301 0.79209 0.74726 5 0.78353 0.71299 0.62092 0.56743 6 0.74622 0.70496 0.66634 0.50663 0.56447 0.51316 7 0.71068 0.66506 0.62275 0.45235 8 0.67684 0.62741 0.46651 0.40388 0.58201 0.54393 9 0.64461 0.59190 0.42410 0.38554 0.36061 0.32197 10 0.61391 0.55840 0.50835 Os 559,000 Ob $55.661 Oc555.140 Od. 552.67