You Have Been Offered a Project Paying $300 at the Beginning

Multiple Choice

You have been offered a project paying $300 at the beginning of each year for the next 20 years. What is the maximum amount of money you would invest in this project if you expect 9 percent rate of return to your investment?

A) $ 2,738.70
B) $ 2,985.18
C) $15,347.70
D) $ 6,000.00