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Alvin has an investment worth $ 3 2 2 , 7 9 1 . 2 1 . The investment will make a special payment of

Alvin has an investment worth $322,791.21. The investment will make a special payment of X to Alvin in 2 years from today. The investment also will make regular, fixed annual payments of $64,000.00 to Alvin with the first of these payments made to Alvin in 1 year from today and the last of these annual payments made to Alvin in 7 years from today. The expected return for the investment is 12 percent per year. What is X, the amount of the special payment that will be made to Alvin in 2 years?
$30,710.79(plus or minus 10 dollars)
$17,426.13(plus or minus 10 dollars)
$38,523.62(plus or minus 10 dollars)
$71,680.00(plus or minus 10 dollars)
none of the answers are within 10 dollars of the correct answer

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