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W 7.A tenant offers to sign a lease paying a rent of $2,500 per month, in advance, (the rent will be paid at the beginning

W 7.A tenant offers to sign a lease paying a rent of $2,500 per month, in advance, (the rent will be paid at the beginning of each month), for seven years. At 9% nominal annual interest compounded monthly, what is the present value of this lease

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