Mike Derr Company expects to earn 8% per year on an investment that will pay...

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Mike Derr Company expects to earn 8% per year on an investment that will pay $606,000 six years from now. (PV of $1. V of $1. PVA of $1, and FVA SD) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Compute the present value of this Investment Table Factor Present Value Future Value s 600.000

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