What is the annual worth of mayor investment in obtaining

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In 1990, Mayor Wilkins paid $5000 to the demon D'Hoffryn to obtain the Box of Gavrok so the mayor could ascend into demonhood. In 1995, D'Hoffryn billed the Mayor $6000 in expenses. Finally, in 1999, he delivered the Box to the Mayor, who valued it at $800,000. The Mayor's discount rate is 29% .

What is the annual worth of the Mayor's investment in obtaining the Box?

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Reference no: EM131336321

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