Wildhorse Company is considering an investment that will return a lump sum of $800,000 3 years from
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Wildhorse Company is considering an investment that will return a lump sum of $800,000 3 years from now. Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Wildhorse Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.) Wildhorse Company should pay $?
Related Book For
Managerial Accounting Tools for business decision making
ISBN: 978-1118096895
6th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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