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An investment will offer $475 per year forever, starting 7 years from today. If the relevant interest rate is 8% per year (as an EAR),

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An investment will offer $475 per year forever, starting 7 years from today. If the relevant interest rate is 8% per year (as an EAR), what is the value of the investment 4 years from today? round your final answer to 2 decimal places -- for example, 123.45 do not enter commas or dollar signs margin of error for correct responses: +/- .05

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