Carla Vista Co. is considering an investment that will return a lump sum of $936,000 8 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 Carla Vista Co. pay for this investment to earn an 8% return? (Round answer to 2 decimal places, e.g. 25.25.)
Lincoln Company should pay