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Book Mike Derr Company expects to earn 12% per year on an Investment that will pay $606.000 nine years from now. (PV of $1. EV

Book Mike Derr Company expects to earn 12% per year on an Investment that will pay $606.000 nine years from now. (PV of $1. EV of $1. PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Compute the present value of this investment. Future Value Table Factor 606,000 x int Pant $ Present Value

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