Roger Enterprises is evaluating an investment opportunity that will require contributions of $31,100 in Year 1 and $11,1

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answerhappygod
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Roger Enterprises is evaluating an investment opportunity that will require contributions of $31,100 in Year 1 and $11,1

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Roger Enterprises is evaluating an investment opportunity that
will require contributions of $31,100 in Year 1 and $11,100 in Year
2. Returns of $31,000, $65,500, and $45,500 are expected in the
three following years.
1. What price should Roger offer for the investment
opportunity if it requires a 10.1% return on investment? (Do not
round intermediate calculations, round final answer to the nearest
whole dollar.
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