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month for the ful term of the lease. Payments occur at the end ol esch month. What is the present value of this itvestment if

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month for the ful term of the lease. Payments occur at the end ol esch month. What is the present value of this itvestment if the interest rale is 18% and compounded monthlp (Use the fVifinction. in Excel 2 to calculase the answer. Do not pound any intermediate calculasons. Round your final present value arswor to the noarest whole dollar) The present value of the investment is

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