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Brief Exercise A-9 Messi Company is considering an investment that will return a lump sum of $870,000 4 years from now Click here to view
Brief Exercise A-9 Messi Company is considering an investment that will return a lump sum of $870,000 4 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 Messi Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, eg. 25.25 .) Messi Company should pays Brief Exercise A-11 Robben Company is considering investing in an annuity contract that will return $33,000 annually at the end of each year for 19 years Cli (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Robben Company pay for this investment if it earns an 6% return? (Round answer to 2 decimal places, e.g. 25.25.) iew t he factor table Robben Company should pay
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