You expect an investment to return $11,300,$14,600,$21,900,and $38,400 annually over the next four years,respectively.What is this investment worth to you today if you desire a rate of return of 16.5 percent?
A) $64,253.91
B) $58,700.89
C) $63,732.41
D) $55,153.57
E) $59,928.16
Correct Answer:
Verified
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