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Fraser Company will need a new warehouse in eight years. The warehouse will cost $410,000 to build. Click here to view Exhibit 128-1 and Exhibit

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Fraser Company will need a new warehouse in eight years. The warehouse will cost $410,000 to build. Click here to view Exhibit 128-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using tables. Required: What lump-sum amount should the company invest now to have the $410,000 avallable at the end of the elght-year period? Assume that the company can invest moncy at: (Round your final answers to the nearest whole dollar amount.) EXHI 12 128-1 Present Velue of \$1: 11+p1 EXAIBIT 12B-2 Present Value of an Annulty of 51 in Arrearst 71[1=(1+1)21]2

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