Multiple Choice
An investment of $20,000 offers a return of $15,000 in 10 years and another return of $15,000 after 15 years. The market rate of interest is 6 percent per year.
-Refer to the scenario above. What is the net present value of the investment?
A) -$7,112.36
B) -$5,365.10
C) -$475.31
D) $9,524.19
Correct Answer:

Verified
Correct Answer:
Verified
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