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Problem 7-14 An investment costs $59,016 and offers a return of 12 percent annually for twelve years. What are the annual cash inflows anticipated from

Problem 7-14

An investment costs $59,016 and offers a return of 12 percent annually for twelve years. What are the annual cash inflows anticipated from this investment? Use Appendix D to answer the question. Round your answer to the nearest dollar.

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