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Current Attempt in Progress Crane Company is considering an investment that will return a lump sum of $898,000 6 years from now. Click here
Current Attempt in Progress Crane Company is considering an investment that will return a lump sum of $898,000 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 amount should Crane Company pay for this investment to earn an 9% return? (Round answer to 2 decimal places, e.g. 25.25) Lincoln Company should pay $ eTextbook and Media Assistance Used
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