Oriole Company is considering an investment that will return a lump sum of $$740,0006$ years from now.

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What amount should Oriole Company pay for this investment to earn an $11\%$ return? $($For calculation purposes, use $5$ decimal places as displayed in the factor table provided. Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Oriole Company should pay

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