Russell Company Has Acquired a Building with a Loan That $\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$

Multiple Choice

Russell Company has acquired a building with a loan that requires payments of $20,000 every six months for 5 years.The annual interest rate on the loan is 12%.What is the present value of the building? (PV of $1,FV of $1,PVA of $1,and FVA of $1) $\bold{\text{(Use appropriate factor(s) from the tables provided.) }}$

A) $72,096
B) $113,004
C) $147,202
D) $86,590
E) $200,000