Ivanhoe Enterprises earns $10\%$ on an investment that pays back $$87,000$ at the end of each of the next $7$ years.

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$($For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

What is the amount Ivanhoe Enterprises invested to earn the $10\%$ rate of return? $($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Ivanhoe Enterprises invested

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