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Blossom Company is considering an investment that will return a lump sum of $850,000, 3 years from now. (For calculation purposes, use 5 decimal places

Blossom Company is considering an investment that will return a lump sum of $850,000, 3 years from now. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Blossom Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.)

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