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John has an investment opportunity that promises to pay him $17,500 in four years. He could earn a 7% annual return investing his money elsewhere. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

What is the maximum amount he would be willing to invest in this opportunity?

Financial Management, Finance

  • Category:- Financial Management
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