Pregunta 9 Assume you want to invest an amount now to receive an annual return of $25,000 for ever, assuming the bank wi

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Pregunta 9 Assume You Want To Invest An Amount Now To Receive An Annual Return Of 25 000 For Ever Assuming The Bank Wi 1 (9.72 KiB) Viewed 44 times

Pregunta 9 Assume you want to invest an amount now to receive an annual return of $25,000 for ever, assuming the bank will pay you 5% annually, how much should you invest now? 1. Approximately $1,000,000 2. Approximately $500,000 3. Approximately $100,000 4. We cannot find this amount