If the current rate of interest is 8%,then the present value of an investment that pays $1000 per year and lasts 20 years is closest to:
A)$18,519.
B)$45,761.
C)$9818.
D)$20,000.

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The Answer of If the current rate of interest is 8%,then the present value of an investment that pays $1000 per year and lasts 20 years is closest to:
A)$18,519.
B)$45,761.
C)$9818.
D)$20,000.

If the Current Rate of Interest Is 8%,then the Present