How much must be invested now to receive $30,000 for 15 years if the first $30,000 is received today and the rate is 9%?
A) $241,821
B) $263,585
C) $450,000
D) $219,375

Question

How much must be invested now to receive $30,000 for 15 years if the first $30,000 is received today and the rate is 9%? 
A) $241,821 
B) $263,585 
C) $450,000 
D) $219,375

Quizplus · Accepted Answer

The Answer of How much must be invested now to receive $30,000 for 15 years if the first $30,000 is received today and the rate is 9%? 
A) $241,821 
B) $263,585 
C) $450,000 
D) $219,375

How Much Must Be Invested Now to Receive $30,000 for 15