You have been offered a project paying $300 at the beginning of each year for the next 20 years. What is the maximum amount of money you would invest in this project if you expect 9 percent rate of return to your investment?
A) $ 2,738.70
B) $ 2,985.18
C) $15,347.70
D) $ 6,000.00
Correct Answer:
Verified
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