Assuming an Interest Rate of 10%,the Present Value of $12,000

question 13

Multiple Choice

Assuming an interest rate of 10%,the present value of $12,000 received at the end of each year for 6 years would be closest to:

• A)$ 6,768.
• B)$52,260.
• C)$72,000.
• D)$92,592.

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