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I have been struggling with this type of problem and would love help thanks. We have been using PV, FV, and PMT calculations in excel

I have been struggling with this type of problem and would love help thanks. We have been using PV, FV, and PMT calculations in excel and I can't figure out the calculations.image text in transcribed

Use the following information about Judah to answer both questions below. Judah is considering purchasing an investment. He expects that the investment will pay him $2,600 at the end of every year for 8 years. In addition, he expects to receive $31,111 at the end of the 8 years. Assuming Judah earns 8% on his other investments, what is the maximum amount that he should be willing to pay for investment? Enter your answer as a positive number (round to the nearest dollar if necessary). Assume that the seller offers Judah the investment for $25,000. If Judah purchases the investment at this price, what will be his rate of return on the investment? Round your percentage to decimal points, as follows: X.XX%. %

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