Koppernaes Corporation earns 12% on an investment that will return $1,350,000, 7 years from now. Below is some of the time value of money information that Koppernaes has compiled that might help in planning compounded interest decisions. 
To the closest dollar, what is the amount Koppernaes should invest now to earn this rate of return?
Definitions:
Melanin
A natural pigment found in most organisms, responsible for coloration in skin, hair, and eyes, and provides protection against UV radiation.
Suntanned
The darkening of skin color due to the exposure to sunlight or ultraviolet light which increases melanin production in the skin.
Sunburned
Damage to the skin caused by excessive exposure to ultraviolet radiation from the sun, leading to redness and inflammation.
Collagen Fibers
Strong, fibrous proteins that are a major component in skin, bone, tendons, and other connective tissues.
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