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Mike Derr Company expects to earn 1 2 % per year on an investment that will pay $ 6 0 6 , 0 0 0
Mike Derr Company expects to earn per year on an investment that will pay $ five years from now. PV of $ FV of $
PVA of $ and FVA of $
Note: Use appropriate factors from the tables provided. Round "Table Factor" to decimal places.
Compute the present value of this investment.
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