Ayayai Company is considering an investment which will return a lump sum of $2,620,000 six years from now. What amount s

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answerhappygod
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Ayayai Company is considering an investment which will return a lump sum of $2,620,000 six years from now. What amount s

Post by answerhappygod »

Ayayai Company is considering an investment which will
return a lump sum of $2,620,000 six years from now. What
amount should Ayayai Company pay for this investment to
earn an 11% return? (For calculation purposes, use
5 decimal places as displayed in the factor table provided. Round
answer to 0 decimal places, e.g. 5,275.)

Click here to view the factor table.
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