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Youre now investing $1,000,000 in a 16-year project. Your investment will grow to $1,200,000 one year from now. Each year after that, your investment will

Youre now investing $1,000,000 in a 16-year project. Your investment will grow to $1,200,000 one year from now. Each year after that, your investment will grow 8% for another 15 years. What is the net present value of this investment, given that the interest rate is 6%?

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