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Current Attempt in Progress Sunland Company is considering an investment that will return a...

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Accounting

Current Attempt in Progress
Sunland Company is considering an investment that will return a lump sum of $900,000,6 years from now.
Click here to view the factor table 1.
Table 2
Table 3
Table 4
What amount should Sunland Company pay for this investment to earn an 12% return? (For calculation purposes, use 5 decimal places as
displayed in the factor table provided, e.g.5.24571. Round answer to 2 decimal places, e.g.25.25.)
Sunland Company should pay $Current Attempt in Progress
Lamb Company deposited $15,000 annually for 6 years in an account paying 5% interest compounded annually.
Click here to view the factor table 1.
Table 2
Table 3
Table 4
What is the balance of the account at the end of the 6th year? (Round answers to 2 decimal places, e.g.2552.75.)
Amount $

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