Question
An investment opportunity promises to pay $5,500 per year forever starting 9 years from today. Assuming an interest rate of 6%, what should I pay
An investment opportunity promises to pay $5,500 per year forever starting 9 years from today. Assuming an interest rate of 6%, what should I pay today for this investment?
| $91,666.67 | ||
| $57,512.80 | ||
| $21,121.21 | ||
| $68,953.71 |
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The Complete Personal Finance Handbook
Authors: Teri B Clark
1st Edition
160138047X, 978-1601380470
