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11 TER o Paste E Formatas Table BIU GA Number 2. Cal Styles 29 fox D E 16) Once the Wilsons are settled in their
11 TER o Paste E Formatas Table BIU GA Number 2. Cal Styles 29 fox D E 16) Once the Wilsons are settled in their new home, they consider making an investment in a commercial real estate property. The investment is expected to pay $750 at the end of each month for the next 8 years. They believe that a reasonable return on the investment is 15% compounded monthly. (9 points) a. How much should they pay for the investment? b. What will be the total sum of cash the Wilsons will receive over the next 8 years? What is the difference between a and b called
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