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Sarasota Company is considering an investment which will return a lump sum of $2,580,000 six years from now. What amount should Sarasota Company pay for

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Sarasota Company is considering an investment which will return a lump sum of $2,580,000 six years from now. What amount should Sarasota Company pay for this investment to earn an 11% return? (For calculation purposes, use S decimal places as displayed in the factor table provided. Round answer to decimal places, es 5,275) Click here to view the factor table Amount pay for investment $

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