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Using the following partial table of present value of $1 at compound interest, the present value of $96,666 to be received 3 years hence with

Using the following partial table of present value of $1 at compound interest, the present value of $96,666 to be received 3 years hence with earnings at the rate of 6% a year is

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

A..$61,479.58

b.$76,559.47

c.$66,022.88

d.$81,199.44

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