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What is the maximum Dante should deposit in the investment

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Question - Dante's friend presented her with an investment opportunity. If Dante deposits an amount in the investment now, she will receive annual payments of $25,000 for 15 years, starting 10 years from today. What is the maximum Dante should deposit in the investment if she requires an 7% return? Round all calculations to the nearest dollar.

Reference no: EM132499023

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