Multiple Choice
Hiller Corporation makes an investment today (January 1, 2015) .They will receive $30,000 every December 31st for the next six years (2015 - 2020) .If Hiller wants to earn 12% on the investment, what is the most they should invest on January 1, 2015?
A) $123,342
B) $138,144
C) $243,456
D) $272,670
Correct Answer:
Verified
Correct Answer:
Verified
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