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At an interest rate of 14%, approximately how much would you need to invest today if you wanted to have $1,250,000 in 10 Years? Use

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At an interest rate of 14%, approximately how much would you need to invest today if you wanted to have $1,250,000 in 10 Years? Use the selections from the present value tables below: Present Value of $1 Present Value of an Annuity of $1 Period 7% 14% Period 7% 14% 5 0.713 0.519 5 4.100 3.433 10 0.508 0.270 10 7.024 5.216 20 0.258 0.073 20 10.594 6.623 All answers rounded to the nearest dollar. A. $239,647 $337,500 B. 0 0 0 0 C. $91,250 $188,736

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