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Business, 21.03.2020 02:55 bdjxoanbcisnkz

Eric is considering an investment that will pay $8,200 a year for five years, starting one year from today. What is the maximum amount he should pay for this investment if he desires a rate of return of 11.2 percent?

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Eric is considering an investment that will pay $8,200 a year for five years, starting one year from...

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