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Crane Company earns 9% on an investment that will return $490,200 9 years from now....

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Accounting

Crane Company earns 9% on an investment that will return $490,200 9 years from now. What is the amount Crane should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.)

Crane Company should invest

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