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A new mall in the City of Cape Townhas just opened. Your company is considering investing R2,000,000in buying the property and renting it for the
A new mall in the City of Cape Townhas just opened. Your company is considering investing R2,000,000in buying the property and renting it for the next 5 years. By the end of each year, your company would get R200,000because of renting. At the end of year 5, your company will sell the property for R2,100,000 . What is the Net Present Value of the investment with a 10% per annum discount rate?(GIVE ANSWER TO THE NEAREST 10 RAND)
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