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Crane Company earns 7% on an investment that pays back $86,000 at the end of each of the next 9 years. What is the amount
Crane Company earns 7% on an investment that pays back $86,000 at the end of each of the next 9 years. 
Question 5 of 8 - / 10 View Policies Current Attempt in Progress Crane Company earns 7% on an investment that pays back $86,000 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 Crane Company invested to earn the 7% rate of return? (Round answer to 2 decimal places, eg. 5,275.25.) Crane Company invested $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer here to search ot ED 99 What is the amount Crane Company invested to earn the 7% rate of return?
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter Walton, Walter Aerts
2nd Edition
1408017725, 978-1408017722
