Business, 28.10.2020 16:30 jakobrobinette
llieis evaluating an investment that will provide the following returns at the end of each of the following years: year 1, $11,500; year 2, $10,000; year 3, $7,500; year 4, $5,000; year 5, $2,500; year 6, $0; and year 7, $12,500. Elliebelieves that she should earn an annual rate of 8percent on this investment. How much should Elliepay for this investment
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