An Investor Receives $250,000 at the End of Each of the Next

question 91

Multiple Choice

An investor receives $250,000 at the end of each of the next 5 years.What is the present value of her investment,given that the interest rate is 5%?

• A)$1,082,369.17
• B)$1,250,000
• C)$979,407.71
• D)$1,332,369.17
• E)$1,000,000

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