How much must I invest today in order to have $25,000 in 5 years assuming 12% interest compounded annually? Use Table PV-1.
A)$14,175.00
B)$15,888.00
C)$18,681.50
D)$17.624.00

Question

How much must I invest today in order to have $25,000 in 5 years assuming 12% interest compounded annually? Use Table PV-1. 
A)$14,175.00 
B)$15,888.00 
C)$18,681.50 
D)$17.624.00

Quizplus · Accepted Answer

The Answer of How much must I invest today in order to have $25,000 in 5 years assuming 12% interest compounded annually? Use Table PV-1. 
A)$14,175.00 
B)$15,888.00 
C)$18,681.50 
D)$17.624.00

How Much Must I Invest Today in Order to Have