Pronghorn Company is considering an investment which will return a lump sum of $2,570,000 six years from now. What amount should Pronghorn 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 0 decimal places, e.g. 5,275.) Click here to view the factor table.

Amount pay for investment

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