Question

An investor has an opportunity to invest in a rental property that will provide net cash...

An investor has an opportunity to invest in a rental property that will provide net cash returns of $2,000 per month for 10 years, at which point it can be sold for $400,000. The investor believes that an annual return of 10% should be earned on the property. How much should be paid for the property?

please show how to solve using financial calculator.

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