Use these present value tables to answer the question that follow Below is a table...
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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. 5% 0.943 0.890 0.840 0.792 0.747 Year 10% 0.909 0.826 0.751 0.683 0.621 12% 0.893 0.797 0.712 0.636 0.567 4 Below is a table for the present value of an annuity of $1 at compound interest. 5% 0.943 1.833 2.673 3.465 4.212 10% 0.909 1.736 2.487 3.170 3.791 Year 12% 0.893 1.690 2.402 3.037 3.605 4 Using the tables above, what would be the present value of $42,000 (rounded to the nearest dollar) to be received three years from today, assuming an earnings rate of 696? Oa. $52,685 Ob. $35,280 Oc. $112,266 Od. $42,000
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