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The rate of earnings is 6% and the cash to be received in 4 years is $77,619. The present value amount, using the following partial

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The rate of earnings is 6% and the cash to be received in 4 years is $77,619. 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% 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 a. $53,013.78 O b. $49,365.68 Oc. $65,199.96 O d. $61,474.25

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