Question: 0/1 Question 2 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Kaehler Enterprises earns 7% on an investment that pays

 0/1 Question 2 View Policies Show Attempt History Current Attempt in

0/1 Question 2 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Kaehler Enterprises earns 7% on an investment that pays back $89,500 at the end of each of the next 6 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Kaehler Enterprises invested to earn the 7% rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Kaehler Enterprises invested $

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