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Sheffield Corp. earns 6% on an investment that pays back $91,500 at the end of each of the next 6 years. What is the amount

Sheffield Corp. earns 6% on an investment that pays back $91,500 at the end of each of the next 6 years.

What is the amount Sheffield Corp. invested to earn the 6% rate of return? (Round answer to 2 decimal places, e.g. 25.25.)

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