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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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