Darlene projects that she can get 180000 cash per year for

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Darlene projects that she can get $180,000 cash per year for 5 years on a real estate investment project. If Darlene wants to earn a rate of return of 7%, what is the maximum that she should pay for the investment? (Do not round your PV factors. Round your answer to the nearest dollar.)

Reference no: EM13595679

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