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An investor is analyzing an investment that is expected to accumulate $167,500 in four years. Assuming that the investor requires a 6% return and will
An investor is analyzing an investment that is expected to accumulate
$167,500
in four years. Assuming that the investor requires a
6%
return and will purchase the investment today, how much will the investor pay for this investment?\ Note: Use factor(s) from tables provided. Round "PV of a single amount" to 4 decimals and final answer to the nearest whole dollar. (PV of
$1
, FV of
$1
, PVA of
$1
, and FVA of
$1
)\ \\\\table[[Future Value,
\\\\times
,\\\\table[[
p
(PV of a Single],[Amount)]],
=
Present Value],[
$,167,500
,
\\\\times
,,
=$
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