Question
Question 13 Assume that today is the end of 2021 and you are considering investing $12,500 starting at the end of 2022 in an
Question 13 Assume that today is the end of 2021 and you are considering investing $12,500 starting at the end of 2022 in an investment account. This investment amount will then grow at an annual rate of 5%. You plan on ending your contribution to the investment account at the end of 2029. If the annual return on the investment account is expected to be 10% p.a., the present value of this investment today is closest to: O $166.533. $135,404. $69,484. O $77,689. 1 pts Attempt due 33 Minute
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