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please show work. Current Attempt in Progress Your answer is incorrect. Crane Company is considering an investment that will return a lump sum of $859,0008
please show work.
Current Attempt in Progress Your answer is incorrect. Crane Company is considering an investment that will return a lump sum of $859,0008 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 amount should Crane Company pay for this investment to earn an 10% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay $Step by Step Solution
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