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Imagine that DHL borrowed capital that needed to be repaid in 5 years. If DHL paid $150,000 at the end of each year at 10%

Imagine that DHL borrowed capital that needed to be repaid in 5 years. If DHL paid $150,000 at the end of each year at 10% interest compounded annually, what was the original loan amount? Round to the nearest cent.

a. 757,500.00 b. 2,390,613.69 c. 915,765.00 d. 750,000.00 e. 828,844.69

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