Marc Lewis Expects an Investment of $25,000 to Return $6,595

Multiple Choice

Marc Lewis expects an investment of $25,000 to return $6,595 annually. His investment is earning 10% per year. How many annual payments will he receive? (^{PV of $1}, ^{FV of $1}, ^{PVA of $1}, and ^{FVA of $1}) (Use appropriate factor(s) from the tables provided.)

A) Five payments
B) More than six payments
C) Six payments
D) Four payments
E) Three payments