Relevant interest rate for the type of investment


What would you pay for an investment that pays you $20,000 at the beginning of each year for the next ten years? Assume that the relevant interest rate for this type of investment is 10%.

A) $129,902.

B) $122,890.

C) $142,892.

D) $135,180.

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Accounting Basics: Relevant interest rate for the type of investment
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