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An investment will generate $11,000 a year for 20 years. If you can earn 9 percent on your funds and the investment costs $120,000,

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An investment will generate $11,000 a year for 20 years. If you can earn 9 percent on your funds and the investment costs $120,000, calculate the present value of investment. Use Appendix D to answer the question. Round your answer to the nearest dollar. Should you buy it? Belect Calculate the present value of investment, if you could earn only 5 percent. Use Appendix D to answer the question. Round your answer to the nearest dollar Should you buy it in this case? elect

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