The rate of earnings is 6% and the cash to be received in 4 years is $72,809. 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 40.792 0.683 0.636 a. $57,664.73 b. $46,306.52 C. $61,159.56 d. $49,728.55