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Question 10 15 pts Real repair costs on an investment are $43,567 per year growing at the inflation rate of 1%. The nominal discount rate

Question 10 15 pts Real repair costs on an investment are $43,567 per year growing at the inflation rate of 1%. The nominal discount rate is 4.2%. What is the present value of these costs over 8 years? Round your answer to the nearest whole cent

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