An investment will pay you $8,000 4 years from today. Annual payments will grow at...
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An investment will pay you $8,000 4 years from today. Annual payments will grow at a rate of 2% per year, forever. If the appropriate discount rate is 5% per year, what is this investment worth today? (Enter your answer to the nearest whole dollar. Do not enter the dollar symbol or commas. For example, if your answer is $123.456.789, enter 123457 Canvas may add commas.)
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