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 3.170 3.037 D 5 4.212 3.791 3.605 Using the tables provided, if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years, the present value of the investment cash inflows, assuming an earnings rate of 12%, is $20,352 $3,969 $22,190 $21,259 Question 23 (2.86 points) Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0,826 0.797 34 0.840 0.751 0.712 0.792 0.683 0.636 5 0.747 0.621 0.567