subject
Business, 12.02.2020 00:54 maddie6825

Morris Industries would like to purchase some new equipment costing $1.56 million. This purchase is scheduled for 3 years from today. The company earns 3.8 percent compounded monthly on its savings. How much does the company need to save monthly, starting today, if it wants to pay cash to buy this equipment?a. $40,849b. $45,456c. $48,244d. $51,008

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:40
Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses
Answers: 3
question
Business, 22.06.2019 01:30
How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices
Answers: 3
question
Business, 22.06.2019 03:00
How does having a flexible mind you become a better employee? a. it you become more honest toward work. b. it you become a team player. c. it you learn new things that will better your performance. d. it you to finish your work on time. e. it you reach work on time
Answers: 1
question
Business, 22.06.2019 17:30
Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery.can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.
Answers: 2
You know the right answer?
Morris Industries would like to purchase some new equipment costing $1.56 million. This purchase is...
Questions
Questions on the website: 13722361