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A poor fellow is considering an investment that will pay him $2,250 each QUARTER for 25 years. How much should he pay for this investment

A poor fellow is considering an investment that will pay him $2,250 each QUARTER for 25 years. How much should he pay for this investment if he wishes to earn a 3.7% annual rate of return?

A poor fellow is considering an investment that will pay him $2,250 each QUARTER for 25 years. How much should he pay for this investment if he wishes to earn a 3.7% annual rate of return?

$146,378.67

$59,203.48

$367,581.46

$36,291.30

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