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An investor can make an investment in a real estate development and receive an expected lump sum cash return of $100,000 after 5 years. Comparative
An investor can make an investment in a real estate development and receive an expected lump sum cash return of $100,000 after 5 years. Comparative risk level investments currently earn 12% a year, compounded monthly. How much should be paid for this investment?
Please explain using a financial calculator
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