Pearson Corporation makes an investment today (January 1, 2012). They will receive $6,000 every Dec

Pearson Corporation makes an investment today (January 1, 2012). They will receive $6,000 every December 31st for the next six years (2012 – 2017). If Pearson wants to earn 12% on the investment, what is the most they should invest on January 1, 2012?

"Is this question part of your assignment? We can help"

ORDER NOW