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A portfolio manager came up with a lucrative offer for Debbie Smith that he will provide her with $15,000 per year for 20 years if

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A portfolio manager came up with a lucrative offer for Debbie Smith that he will provide her with $15,000 per year for 20 years if she can invest certain amount upfront. Considering the return of the portfolio as 8 %, how much money Debbie needs to come up with? $150,352.56 $145,189.43 $147 272.21 $50,186.54

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