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Cullumber Company is considering an investment that will return a lump sum of $520,000 5 years from now. What amount should Cullumber Company pay for

Cullumber Company is considering an investment that will return a lump sum of $520,000 5 years from now. What amount should Cullumber Company pay for this investment in order to earn a 6% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to 2 decimal places, e.g. 5,275.25.)

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