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Use these present value tables to answer the question that follow. Below is a table for the present value of $1 at compound interest. Year
Use these present value tables to answer the question that follow. Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826 0.797 un 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2. 1.833 1.736 1.690 3 2.673 2.487 2.402 3.465 4 3.037 3.170 4.212 5 3.605 3.791 Using the tables above, what would be the present value or $25,000 (rounded to the nearest dollar) to be received four years from today, assuming an earnings rate of 10%? Os 519,800 Ob. 579.250 Oc. $17.075 Od $15.525
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