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Orear Company earns 8% on an investment that will return $475,600, 6 years from now. What is the amount Orear should invest now to earn

Orear Company earns 8% on an investment that will return $475,600, 6 years from now.

What is the amount Orear should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.)

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