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You are being asked to evaluate the worthiness of an investment that requires you to spend $120,000 today in return for receiving $25,000 each year

You are being asked to evaluate the worthiness of an investment that requires you to spend $120,000 today in return for receiving $25,000 each year for seven years (starting one year from now). At the end of the seven year study period, the investment can be sold for $10,000. The MARR = 12% per year.

Compute the AW of this investment. Round your answer to the nearest dollar.

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