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Oriole Enterprises earns 9% on an investment that pays back $87.500 at the end of each of the next 6 years. Click here to view
Oriole Enterprises earns 9% on an investment that pays back $87.500 at the end of each of the next 6 years. Click here to view the factor table. What is the amount Oriole Enterprises invested to earn the 9% rate of return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.) Oriole Enterprises invested
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