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Sandhill Company is considering an investment which will return a lump sum of $3,000.00016 years from now. What amount should Sandhill Company pay for this

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Sandhill Company is considering an investment which will return a lump sum of $3,000.00016 years from now. What amount should Sandhill Company pay for this investment to earn an 4% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal ploces, e.8. 5.275.) Click here to view the factor table. Amount pay for investment

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