If the investor is to receive 65 annual return on the


An investor pays $325,000 for a mine that will produce level annual revenue for 20 years. What should the level annual revenue be (received at the end of each year) if the investor is to receive 6.5% annual return on the investment while recovering the principal in a sinking fund earning 5% per year?

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Finance Basics: If the investor is to receive 65 annual return on the
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