Question: Brief Exercise G-9 X] your answer is incorrect. Try again. Mess Company is considering an investment that will return a lump sum of $850,000 3
Brief Exercise G-9 X] your answer is incorrect. Try again. Mess Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount should Messi Company pay for this investment to earn an 8% return? (Round answer to 2 decimal places, 6.9. 25.25.) Messi Company should pay, 1070755.20
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