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Hiller Corporation Makes an Investment Today (January 1, 2018)

Question 111

Multiple Choice

Hiller Corporation makes an investment today (January 1, 2018) . They will receive €30,000 every December 31st for the next six years (2018 - 2023) . If Hiller wants to earn 12% on the investment, what is the most they should invest on January 1, 2018?


A) €123,342
B) €138,144
C) €243,456
D) €272,670

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