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Nolasko Enterprises earns 9% on an investment that pays back $85,200 at the end of each of the next 8 years. What is the amount

Nolasko Enterprises earns 9% on an investment that pays back $85,200 at the end of each of the next 8 years.

What is the amount Nolasko Enterprises invested to earn the 9% rate of return? (Round answer to 2 decimal places, e.g. 25.25.)

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