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An investor is analyzing an investment that is expected to accumulate $160,000 in eight years. Assuming that the investor requires a 6% return and will
An investor is analyzing an investment that is expected to accumulate $160,000 in eight 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)
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