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An investment in a lease offers returns of $ 1 9 0 0 per month due at the beginning of each month for six years.

An investment in a lease offers returns of $1900 per month due at the beginning of each month for six years. What investment is justified if the returns are deferred for three years and the interest required is 4% compounded quarterly?
An investment of $ is justifed.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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