Given That the Interest Rate Is 10% Per Annum,what Is

question 84

Multiple Choice

Given that the interest rate is 10% per annum,what is the present value of an investment that has 5 equal payments of $50,000 each year for 5 years,starting today?

• A)$250,000
• B)$25,000
• C)$208,493.27
• D)$158,493.27
• E)$ 178,493.27

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