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The initial cost of an investment is $60,000 and the discount rate (cost of capital) is 8%. The return is $15,000 per year for 8

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The initial cost of an investment is $60,000 and the discount rate (cost of capital) is 8%. The return is $15,000 per year for 8 years. Based on the given information, the net present value of the investment =$ (round your answer to the nearest whole number.)

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