A college student is deciding if he would like to open a new auto repair shop. He recently graduated college with a business and marketing degree. He projected the cash years over a 5 year span.
Year 1 + 300000
Year 2 + 500000
Year 3 + 175000
Year 4 +275000
Year 5 +198000
He would like to get a 17% return on all of the investments. What would be the most <- amount of money he would be willing to invest up-front to start the company?
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