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Business, 13.04.2020 20:43 uuuuyyu

Cullumber Company is considering an investment that will return a lump sum of $867,700, 8 years from now. Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value of 1 Click here to view the factor table Present Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Cullumber Company pay for this investment to earn an 8% return? (Round answer to 2 decimal places, e. g. 25.25.) Lincoln Company should pay $Entry field with incorrect answer -468791.31

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Cullumber Company is considering an investment that will return a lump sum of $867,700, 8 years from...

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