#8

Ashley projects that she can get $160,000 cash per year for 5 years on a real estate investment project. If Ashley wants to earn a rate of return of 12%, what is the maximum that she should pay for the investment? (PV of \$1 and PVA of \$1) (Use appropriate factor(s) from the tables provided. Round your answer to the nearest dollar.) $114,078 $541,954 $576,764 $744,000 Ashley projects that she can get $160,000 cash per year for 5 years on a real estate investment project. If Ashley wants to earn a rate of return of 12%, what is the maximum that she should pay for the investment? (PV of \$1 and PVA of \$1) (Use appropriate factor(s) from the tables provided. Round your answer to the nearest dollar.) $114,078 $541,954 $576,764 $744,000