The rate of earnings is 6% and the cash to be received in 4 years is $29,940. The present value amount, using the following partial table of present value of $1 at compound interest is (round to two decimal points). Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890' 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 Oa. $23,712.48 Ob, $20,449.02 Oc. $25,149.60 Od. $19,041.84