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Crane Company earns 11% on an imvestment that pays back $99,000 at the end of each of the next 8 years. Click here to view
Crane Company earns 11% on an imvestment that pays back $99,000 at the end of each of the next 8 years. Click here to view the factor table (Far calculation purposes, use 5 decimal ploces as disployed in the factor tobic provided) What is the amount Crane Company invested to earn the 11 io rate of retuen? (Round answer to 2 decimel ploces, e.5-5.275.25) Crane Compary earns 1186 on an imvestment that pays back $99,000 at the end of each of the next 8 years. Click here to view the factor table. (For calculation purposes, use 5 decimal ploces as displayd in the foctor table provided) What is the amount Crane Company invested to earn the 1125 rate of return? (Round answer to 2 decimal ploces, e.s. 5.275 .25 )
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