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Exercise B-1 Present value of an amount LO P1 Mike Derr Company expects to earn 10% per year on an investment that will pay $596,000

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Exercise B-1 Present value of an amount LO P1 Mike Derr Company expects to earn 10% per year on an investment that will pay $596,000 eight years from now. {PV of $i FV of $1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal braces.) Compute the present value of this investment. Table Factor Future Value $ 596,000 Present Value x

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