Larch West Invested $71,030 in Exchange for a Series of $10,000

Multiple Choice

Larch West invested $71,030 in exchange for a series of $10,000 annual payments beginning one year from today.If the investment pays 10% interest, how many payments will Larch receive? Use appendix Table 1, Table 2, Table 3 and Table 4.

A) 7.
B) 13.
C) 10.
D) 12.
E) None of the answers is correct.