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What would you pay for an investment that pays you $45000 at the end of each year for the next ten years and then returns

What would you pay for an investment that pays you $45000 at the end of each year for the next ten years and then returns a maturity value of $622000 after ten years? Assume that the relevant interest rate for this type of investment is 8%.

Correct answer is $590058. How can I reach this number?

Please teach me step by step. Thank you!

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