Give typing answer with explanation and conclusion  1) Marigold Corp. will receive $35,000 today (January 1, 2020), and also on each January 1st for the next five years (2021 – 2025). What is the present value of the six $35,000 receipts, assuming a 6% interest rate? Group of answer choices $210,000.00 $182,432.73 $172,106.35 $258,784.32

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 11EA: How much would you invest today in order to receive $30,000 in each of the following (for further...
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Give typing answer with explanation and conclusion 

1) Marigold Corp. will receive $35,000 today (January 1, 2020), and also on each January 1st for the next five years (2021 – 2025). What is the present value of the six $35,000 receipts, assuming a 6% interest rate? Group of answer choices $210,000.00 $182,432.73 $172,106.35 $258,784.32

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