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Waterway Industries earns 11% on an investment that pays back $92,000 at the end of...

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Accounting

Waterway Industries earns 11% on an investment that pays back $92,000 at the end of each of the next 6 years. Click here to view the factor table 1. Table 2 Table 3 Table 4 What is the amount Waterway Industries invested to earn the 11% rate of return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.25471. Round answer to 2 decimal places, e.g. 25.25.) Waterway Industries invested $.
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Waterway Industries earns 11% on an investment that pays back $92,000 at the end of each of the next 6 years. Click here to view the factor table 1. Table 2 Table 3 Table 4 What is the amount Waterway Industries invested to earn the 11% rate of return? (For calculation purposes, use 5 decimal ploces as displayed in the factor table provided, e.s. 5.25471. Round answer to 2 decimal places, e.s. 25.25.) Waterway Industries invested $

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