Multiple Choice
What is the present value of a $150,000 cash flow to be received at the end of each of the next 20 years from an account that earns an annual rate of 9%?
A) $3,000,000
B) $7,674,018
C) $1,369,282
D) $2,324,169
Correct Answer:
Verified
Correct Answer:
Verified
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