An investment will pay $1,200 per quarter for 15 years.You require a return of 12 percent,compounded quarterly,for this type of investment.How much is this investment worth to you today?
A) $33,210.68
B) $28,409.08
C) $31,152.59
D) $28,395.10
E) $30,806.30
Correct Answer:
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