Question: Beene Distributing is considering a project that will return $150,000 annually at the end of each year for six years. If Beene demands an annual

Beene Distributing is considering a project that will return $150,000 annually at the end of each year for six years. If Beene demands an annual return of 7% and pays for the project immediately, how much is it willing to pay for the project?

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