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Sandhill Co.earns 6% on an investment that will return $488,000 12 years from now. Click here to view the factor table. (For calculation purposes, use

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Sandhill Co.earns 6% on an investment that will return $488,000 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 Sandhill should invest now to earn this rate of return? (Round answer to 2 decimal places, a.s. 25.25.) Sandhill Co should invest $ e Textbook and Media

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