Multiple Choice
What would you pay for an investment that pays you $30,000 at the end of each year for the next ten years and then returns a maturity value of $450,000 after ten years? Assume that the relevant interest rate for this type of investment is 8%.
A) $208,437.
B) $201,303.
C) $217,404.
D) $409,737.
Correct Answer:
Verified
Correct Answer:
Verified
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