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Cullumber Enterprises earns 9% on an investment that pays back $86,500 at the end of each of the next 5 years. Click here to view

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Cullumber Enterprises earns 9% on an investment that pays back $86,500 at the end of each of the next 5 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 Cullumber Enterprises invested to earn the 9% rate of return? (Round answer to 2decimal ploces, e. 25.25) Cullumber Enterprises invested

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