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Chei Mike Derr Company expects to earn 6% per year on an investment that will pay $606,000 five years from now. (PV of $1. FV

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Chei Mike Derr Company expects to earn 6% per year on an investment that will pay $606,000 five years from now. (PV of $1. FV of $1. PVA of $1. and FVA of $1) (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 Present Value

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