The present value of $62,000 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 Periods 5% 6% 7% 10% 12% 0.95238 0.90703 0.909090.89286 0.82645 0.79719 0.75132 0.68301 0.71178 0.63552 0.56743 0.94340 0.89000 0.83962 0.79209 0.74726 0.70496 0.66506 0.62741 0.59190 0.55840 0.93458 0.87344 0.81630 0.76290 0.71299 0.66634 0.62275 0.58201 0.54393 0.50835 0.86384 0.82270 0.78353 0.74622 0.71068 0.67684 0.64461 0.61391 0.62092 0.56447 0.50663 0.51316 0.45235 0.40388 9 10 0.46651 0.42410 0.38554 0.36061 0.32197 a. $57,944 Ob. $62,000 c. $55,357 Od. $58,491