Multiple Choice
Using the tables above,if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years,what would be the present value of the investment cash inflows,assuming an earnings rate of 12%?
A) $20,352
B) $3,969
C) $22,190
D) $21,259
Correct Answer:
Verified
Correct Answer:
Verified
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