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Brief Exercise G-10 Lloyd Company earns 12% on an investment that will return $457,000 8 years from now. Click here to view the factor table
Brief Exercise G-10 Lloyd Company earns 12% on an investment that will return $457,000 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 is the amount Lloyd should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Lloyd Company should invest Brief Exercise G-12 Kaehler Enterprises earns 7% on an investment that pays back $89,000 at the end of each of the next 9 years. Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) what is the amount Kaehler Enterprises invested to earn the 7% rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Kaehler Enterprises invested s
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