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An Investment product promises to pay $48,000 at the end of 10 years. If an Investor feels this Investment should produce a rate of return
An Investment product promises to pay $48,000 at the end of 10 years. If an Investor feels this Investment should produce a rate of return of 12%, compounded annually, what's the most the Investor should be willing to pay for the Investment?(FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use approprlate factor(s) from the tables provided.) Multiple Choice $149,081 $48.000 $15.455 $17.309
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