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An investment in a lease offers returns of $1800 per month due at the beginning of each month for four years. What investment is justified

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An investment in a lease offers returns of $1800 per month due at the beginning of each month for four years. What investment is justified if the returns are deferred for one years and the interest required is 6% compounded semi-annually? An investment of $ is justified (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)

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