Use the following information about Levi to answer both questions below. Levi is considering purchasing an...

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Use the following information about Levi to answer both questions below. Levi is considering purchasing an investment. He expects that the investment will pay him $2,600 at the end of every year for 8 years. In addition, he expects to receive $31,500 at the end of the 8 years. Assuming Levi earns 8% on his other investments, what is the maximum amount that he should be willing to pay for the investment? Enter your answer as a positive number (round to the nearest dollar if necessary). Assume that the seller offers Levi the investment for $29,000. If Levi purchases the investment at this price, what will be his rate of return on the investment? Round your percentage to decimal points, as follows: X.XX%. % Use the following information about Levi to answer both questions below. Levi is considering purchasing an investment. He expects that the investment will pay him $2,600 at the end of every year for 8 years. In addition, he expects to receive $31,500 at the end of the 8 years. Assuming Levi earns 8% on his other investments, what is the maximum amount that he should be willing to pay for the investment? Enter your answer as a positive number (round to the nearest dollar if necessary). Assume that the seller offers Levi the investment for $29,000. If Levi purchases the investment at this price, what will be his rate of return on the investment? Round your percentage to decimal points, as follows: X.XX%. %