Uncle Jack Co., Inc., is looking at setting up a new store in Cumberland. The company bought some land ten years ago for $800,000. If the land were sold today, the company would get $1.5 million. The company use the land for the new store. The estimated cost of setting up a new store is $100,000. 

What is the initial investment of the project? 

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The initial investment of the project would include the cost of sett... View the full answer