What is the present value (PV) of an investment that pays $100,000 every year for four years if the interest rate is 5% APR, compounded quarterly?
A) $353,818
B) $389,200
C) $424,581
D) $459,963

Name: What is the present value (PV) of an investment that pays $100,000 every year for four years if the interest rate is 5% APR, compounded quarterly? A) $353,818 B) $389,200 C) $424,581 D) $459,963
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A) Calculate EAR = 5.0945%; Calculate PV 11ea84dc_f571_f883_9a63_35e71c25fae1_TB1316_11_TB1316_11

What Is the Present Value (PV) of an Investment That