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Assume you want to invest an amount now to receive an annual return of $25,000 for ever, assuming the bank will pay you 5% annually,

Assume you want to invest an amount now to receive an annual return of $25,000 for ever, assuming the bank will pay you 5% annually, how much should you invest now?
1. Approximately $1,000,000
2. Approximately $500,000
3. Approximately $100,000
4. We cannot find this amount

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