Mike Derr Company expects to earn $8\%$ per year on an investment that will pay $$616,000$ ten years from now. $($PV of $$1,$ FV of $$1,$ PVA

of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided. Round "Table Factor" to $4$ decimal places.$)$

Compute the present value of Mike Derr Company expects to earn $8\%$ per year on an investment that will pay $$616,000$ ten years from now. $($PV of $$1,$ FV of $$1,$ PVA

of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided. Round "Table Factor" to $4$ decimal places.$)$

Compute the present value of this investment.this investment.

of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided. Round "Table Factor" to $4$ decimal places.$)$

Compute the present value of this investment.