Multiple Choice
You are the recipient of an inheritance that will pay you and your heirs $13,000 a year forever.What is this inheritance worth today at a discount rate of 5.85 percent?
A) $222,222.22
B) $239,250.00
C) $211,953.94
D) $241,141.41
E) $236,004.98
Correct Answer:
Verified
Correct Answer:
Verified
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