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Lloyd Company earns 6% on an investment that will return $450,000 8 years from now. What is the amount Lloyd should invest now to earn

Lloyd Company earns 6% on an investment that will return $450,000 8 years from now. What is the amount Lloyd should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.)

Lloyd Company should invest
Lloyd Company should invest=

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