20. Suppose you have the opportunity to make an investment in a real estate venture that expects to pay investors $7,500 at the end of each year for the next eight years. If the interest rate is 8% compounded annually, find the future value of the payments after eight years. O a) $76,555 O b) S79,775 O c) $81,253 O d) $82,325 O e) None of the above

20. Suppose you have the opportunity to make an investment in a real estate venture that expects to pay investors $7,500 at the end of each year for the next eight years. If the interest rate is 8% compounded annually, find the future value of the payments after eight years. O a) $76,555 O b) S79,775 O c) $81,253 O d) $82,325 O e) None of the above

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 15PROB

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