Carla Vista Co. earns 6% on an investment that will return $506,200 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 Carla Vista should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.)

Carla Vista Co. should invest

Your answer is incorrect. Try again Carla Vista Co. earns 6% on an investment that will return $506,200 8 years from now (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Carla Vista should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Carla Vista Co. should invest 306306.87