You are to recieve 12000 at the end of 5 years the, Financial Management

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You are to recieve 12000 at the end of 5 years the

You are to recieve $12,000 at the end of 5 years. The available yield on investments is 6%. Which table would you use to determine the value of that sum today?

a) present value of an annuity $1

b) future value of an annuity

c) present value of $1

d) compound sum of $1

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