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You have been offored an investment opportunity that wal pay you and your heirs a fowed, periodic payment indofinitely, The imvestment opportunity requires and investrnent

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You have been offored an investment opportunity that wal pay you and your heirs a fowed, periodic payment indofinitely, The imvestment opportunity requires and investrnent of $8.6. thousand today, and you expect a 4.2% annual retum on your investment. What annual payment would you need to receive in order for you to earn the rate of return you require? Enter you answer as a number with 2 decimal places of precision (2.e. 1.23) Do not enter your arnwor with dollar signs or commas Do not enter your answer as a negative number

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