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The rate of earnings is 10% and the cash to be received in three years is $10,000. Determine the present value amount, using the following

The rate of earnings is 10% and the cash to be received in three years is $10,000. Determine the present value amount, using the following partial table of present value of $1 at compound interest: Year 6% 10% 12% 1 .943 .909 .893 2 .890 .826 .797 3 .840 .751 .712 4 .792 .683 .636 a. $8,260 b. $6,830 c. $7,510 d. $13,316

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