Pearson Corporation makes an investment today (January 1, 2014) . They will receive $9,000 every December 31st for the next six years (2014 - 2019) . If Pearson wants to earn 12% on the investment, what is the most they should invest on January 1, 2014?
A) $37,003.
B) $41,443.
C) $73,036.
D) $81,801.
Correct Answer:
Verified
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