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An investment in a lease offers returns of $2400 per month due at the beginning of each month for 6 years. What investment is justified

An investment in a lease offers returns of $2400 per month due at the beginning of each month for 6 years. What investment is justified if the returns are deferred for two years and the interest required is 4% compounded semi-annually?

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To solve this problem we need to find the present value PV of the investment in the lease given the ... blur-text-image

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