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Sandhill Co. is considering an investment that will return a lump sum of $921,000 4 years from now. Click here to view the factor table.

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Sandhill Co. is considering an investment that will return a lump sum of $921,000 4 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 Sandhill Co, pay for this investment to earn an 8% return? (Round answer to 2 decimal places, es 25:25) Sandhill Co. should pay $ * Your answer is incorrect 14531500 is deposited in a savings account at the ord of each year and the account prys interest of compounded will be the balance of the account at the end of 10 years! $396204 5330750 $465750 351310

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