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KAn investment in a lease offers retums of $ 1 9 0 0 per month due at the beginning of each month for three years.

KAn investment in a lease offers retums of $1900 per month due at the beginning of each month for three years. What investment is justified if the retums are deferred for one years and the interest required is 6% compounded semi-annually?091 of24An investment of $ is justified(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.

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