Assuming Interest Rates Were 6% Per Annum, What Would Be

question 71

Multiple Choice

Assuming interest rates were 6% per annum, what would be the present value of the $50,000 per year for 30 years payment stream? Use the tables or a financial calculator.

• A) $688,242
• B) $1,500,000
• C) $700,002
• D) $693,974

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