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Any help is appreciated. Sheridan Company is considering an investment that will return a lump sum of $887,000 8 years from now. Click here to

Any help is appreciated.

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Sheridan Company is considering an investment that will return a lump sum of $887,000 8 years from now. Click here to View the factor table. {For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Sheridan Company pay for this investment to earn an 10% return? (Round answerto 2 decimal places, es. 25.25.} Lincoln Company should pay 35 ':|

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