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Sandhill Company earns 11% on an investment that will return $459,000 8 years from now. Click here to view the factor table. What is

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Sandhill Company earns 11% on an investment that will return $459,000 8 years from now. Click here to view the factor table. What is the amount Sandhill should invest now to earn this rate of return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, eg. 25.25.) Sandhill Company should invest $

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