Using the following partial table of present value of $1 at compound interest, the present value of $15,000 to be received 3 years hence with earnings at the rate of 6% a year is Year 6% 0.943 10% 0.909 12% 0.893 1 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 $12,600 $11.880 $13.350 $11,265