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An investment will pay $15,000 at the end of each year for eight years and a one-time payment of $150,000 at the end of the

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An investment will pay $15,000 at the end of each year for eight years and a one-time payment of $150,000 at the end of the eighth year (FV of $1, PV of S1, FVA of \$1, and PVA of \$1) Note: Use the appropriate factor(s) from the tables provided. Required: Determine the present value of this investment using a 7 percent annual interest rate. Note: Round your intermediate calculations and final answer to nearest whole dollar

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