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An investment in a lease offers returns of $ 2 4 0 0 per month due at the beginning of each month for three years.

An investment in a lease offers returns of $2400 per month due at the beginning of each month for three years. What investment is justified if the returns are deferred for one years and the interest required is 10% compounded annually?(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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