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You have the opportunity to make an investment in a real estate venture that expects to pay investors $1,250 at the end of each month

You have the opportunity to make an investment in a real estate venture that expects to pay investors $1,250 at the end of each month for the next 5 years. You believe that a reasonable return on your investment (equity should be an annual rate of 12%, compounded monthly.

How much should you pay for the investment?

What will be the total sum of cash that you will receive over the next 5 years?

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