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You have invested your money into a project that will pay you $7000 at monthly frequency starting 5 years from today and will continue to

You have invested your money into a project that will pay you $7000 at monthly frequency starting 5 years from today and will continue to pay out forever. If the interest rate is 8% p.a., then the value of your investment today (t=0) is $______.

709,469.44 731,323.15 720,212.04 742,434.26 718,545.37

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