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An investment will pay $800 at the end of each month for 15 years and a lump sum payment of $100,000 at the end
An investment will pay $800 at the end of each month for 15 years and a lump sum payment of $100,000 at the end of 15 years. If the rate of return on the investment is 6%, compounded monthly, how much would you be willing to pay for the investment today? (nearest dollar without dollar sign ($) or mma ea
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