Below Is a Table for the Present Value of $1

question 26

Multiple Choice

Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of an annuity of $1 at compound interest.
Using the tables above, what would be the present value of $10,000 (rounded to the nearest dollar) to be received three years from today, assuming an earnings rate of 6%?

• A) $8,400
• B) $8,900
• C) $7,920
• D) $11,905

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