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  3. below is a table for the present value of $1 at co

Below is a table for the present value of $1 at compound interest. 10% 12%...

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Accounting

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Below is a table for the present value of $1 at compound interest. 10% 12% 0.893 6% 0.943 0.890 0.840 0.792 0.797 0.909 0.826 0.751 0.683 0.621 0.712 0.636 0.567 0.747 Below is a table for the present value of an annuity of $1 at compound interest. 6% 10% 12% 0.909 1.736 0.943 1.833 2.673 3.465 4.212 2.487 3.170 0.893 1.690 2.402 3.037 3.605 3.791 Using the tables above, what would be the present value of $8,000 to be received 1 year from today, assuming an earnings rate of 12%? a. $7,272 Ob. $7,544 Oc. $7,120 Od. $7,144

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