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Business, 13.07.2019 03:30 sailormaries7101

Walt is evaluating an investment that will provide the following returns at the end of each of the following years: year 1, $12,500; year 2, $10,000; year 3, $7,500; year 4, $5,000; year 5, $2,500; year 6, $0; and year 7, $12,500. walt believes that he should earn an annual rate of 8 percent on this investment. how much should he pay for this investment?

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