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Sunland Company makes an investment today (January 1, 2020). They will receive $90000 every December 31st for the next six years (2020 2025). If Sunland

Sunland Company makes an investment today (January 1, 2020). They will receive $90000 every December 31st for the next six years (2020 2025). If Sunland wants to earn 11% on the investment, what is the most they should invest on January 1, 2020?

$790494.

$810167.

$422631.

$380749

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