Multiple Choice
You will receive a stream of $50 payments BEGINNING at the end of year 1 until the final payment at the end of year 5.What amount will you have at the end of year 5 if you can invest all amounts at a 9% interest rate?
A) $194.48
B) $200.00
C) $228.67
D) $299.24
Correct Answer:

Verified
Correct Answer:
Verified
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