Determine the value of the investment

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Question: Tanner owns an investment that is expected to pay him 3,980 dollars per quarter forever with the next payment of 3,980 dollars expected in 3 months from today. The investment has an annual return of 5.8 percent. What is the value of the investment? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131795596

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