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Question 9 View Policies Current Attempt in Progress Ivanhoe Company earns 6% on an investment that will return $350,000 12 years from now. Click here
Question 9 View Policies Current Attempt in Progress Ivanhoe Company earns 6% on an investment that will return $350,000 12 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 Ivanhoe should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 5,275.25.) Ivanhoe Company should invest $
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