Multiple Choice
What is the future value of a stream of $800 annual payments worth to the investor at the end of 10 years if these payments are invested at an annual rate of return of 8.5%?
A) $11,868.08
B) $12,195.22
C) $13,334.90
D) $13,667.88
Correct Answer:
Verified
Correct Answer:
Verified
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