Multiple Choice
Pearson Corporation makes an investment today (January 1, 2018) . They will receive €25,000 every December 31st for the next six years (2018 - 2023) . If Pearson wants to earn 12% on the investment, what is the most they should invest on January 1, 2018?
A) €102,785
B) €115,120
C) €202,880
D) €227,225
Correct Answer:
Verified
Correct Answer:
Verified
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