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Pharoah Company earns 6% on an investment that will return $455,0007 years from now. Click here to view the factor table. (For calculation purposes, use
Pharoah Company earns 6% on an investment that will return $455,0007 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Pharoah should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Pharoah Company should invest \$
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