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Crane Company earns 9% on an investment that will return $440,000 6 years from now. Click here to view the factor table. (For calculation purposes,

Crane Company earns 9% on an investment that will return $440,000 6 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 Crane should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 5,275.25.)

Crane Company should invest

$enter an amount to be invested in dollars rounded to 2 decimal places

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