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A mining compaby lease engines to CAT company, and they have to make an upfront payment of $40 Millions, plus investment of $2 Millions during
A mining compaby lease engines to CAT company, and they have to make an upfront payment of $40 Millions, plus investment of $2 Millions during the first 5 years. If the mining company seeks an interest rate of return of 5% over 20 years lease period, how much money must it make yearly in order to achieve its interest of return goal?
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