The present worth of $50,000 now, $10,000 per year in years 1 through 15, and $20,000 per
Question:
The present worth of $50,000 now, $10,000 per year in years 1 through 15, and $20,000 per year in years 16 through infinity at 10% per year is closest to:
(a) Less than $–169,000
(b) $–169,580
(c) $–173,940
(d) $–195,730
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