Peter johnson invests 2131008 now for a series of 3000


Peter Johnson invests $21,310.08 now for a series of $3,000 annual returns beginning one year from now. Peter will earn 10% on the initial investment. How many annual payments will Peter receive?

A.13
B.10
C.12
D.15

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Accounting Basics: Peter johnson invests 2131008 now for a series of 3000
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