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Seven years ago Sam bought an investment that he expected to provide a net cash flow of $1,800 per month for the next 14 years.So
Seven years ago Sam bought an investment that he expected to provide a net cash flow of $1,800 per month for the next 14 years.So far, the investment has performed exactly as promised.If the investment is paying 16% annually, what price did Sam pay for it?
-Do in excel spreadsheet.
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