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The initial cost of an investment is $60,000 and the cost of capital is 8%. The return is $15,000 per year for 8 years. Based
The initial cost of an investment is $60,000 and the 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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