An investment will generate $$8,000$ a year for $25$ years. If you can earn $10$ percent on your funds and the investment costs $$80,000,$ calculate the present value of investment. Use Appendix D to answer the question. Round your answer to the nearest dollar.

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Should you buy it$?$

Calculate the present value of investment, if you could earn only $8$ percent. Use Appendix $D$ to answer the question. Round your answer to the nearest dollar.