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An investment in a lease offers returns of $2100 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 $2100 per month due at the beginning of each month for four years. What investment is justified if the returns are deferred for three years and the interest required is 7% 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.) Enter your answer in the answer box

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