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Brief Exercise G-12 Carla Vista Co. earns 10% on an investment that pays back $81,000 at the end of each of the next 10 years.
Brief Exercise G-12 Carla Vista Co. earns 10% on an investment that pays back $81,000 at the end of each of the next 10 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 Carla Vista Co. invested to earn the 10% rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Carla Vista Co. invested
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