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You have invested in a commercial building that you are leasing to a national retail chain. The tenant has signed a to-year iease agreement that

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You have invested in a commercial building that you are leasing to a national retail chain. The tenant has signed a to-year iease agreement that cannot be cancaled. You expect to collect \$6,000 per month for the full term of the lease. Payments occur at the end of each month. What is the present value of this investment it the interest rate is 18% and compounded monthly? (Use the PV function in Excel' to calculate the answec. Do not round any intermeciate calculations. Round your final present value anewor to the nearest whole dollar.) You have invested in a commercial building that you are leasing to a national retall chain. The tonont has signed a 10 -year lease agreement that cannot be canceled. You expect to collect $8,000 per month for the full term of the lease. Payments occur at the end of each month. What is the present value of this investment if the interest rate is 12% and compounded monthly? (Use the PV function in Excet to calculate the answer. Do not round any intermediate caiculations. Round your final present value answor to the nearest whole dollar.) The present value of this investment is

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