Find the Present Value of the Future Amount $\$ 24,000$ For 11 Months; Money Earns

Multiple Choice

Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.
- $\$ 24,000$ for 11 months; money earns $6 \%$

A) $\$ 22,857.14$
B) $\$ 22,641.51$
C) $\$ 1251.18$
D) $\$ 22,748.82$