Multiple Choice
You expect to receive $800 at the end of each of the next twenty years.What is the present value of the stream of payments if the interest rate is 12%?
A) $5,975.55
B) $5,892.62
C) $6,049.60
D) $6,054.63
E) $5,619.80
Correct Answer:
Verified
Correct Answer:
Verified
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