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Suppose a condo generates $15,000 in cash flows in the first year. If the cash flows grow at 1% per year, the interest rate is

Suppose a condo generates $15,000 in cash flows in the first year. If the cash flows grow at 1% per year, the interest rate is 11%, and the building will be sold at the end of 24 years with a value of $100,000, what is the present value of the condo's cash flow?

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