The present value of $79,000 to be received in two years, at 12% compounded annually, is (rounded to nearest dollar). Use the following table, if needed. Present Value of $1 at Compound Interest Periods 5% 6% 10% 12% 1 0.95238 0.94340 7% 0.93458 0.87344 0.81630 2 0.90703 0.89000 3 0.83962 0.36384 0.82270 4 0.76290 0.78353 0.79209 0.74720 0.70496 0.90909 0.82645 0.75132 0.60301 0.62092 0.56462 0,51316 0.46651 0.42410 0.89286 0.79719 0.71178 0.63552 0.56743 0.50663 0.45235 0.40300 0.36061 0.32197 6 0.74622 7 0.71299 0.66634 0.62275 0.58201 0.54393 0.50835 0.71068 0.67684 0.64461 0.66506 0.62741 0.1 90 0.55840 10 0.6139: 0.38954 Oa A5,290 Ob 29 LE Od 570,310