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Mathematics, 08.12.2020 07:10 19deleonl

A firm buys 12 file cabinets at $140 each, with payment in full due in 90 days. How much must the firm deposit now to have enough to pay the bill if money is worth 3% simple interest per year? Use 360 days in a year.

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A firm buys 12 file cabinets at $140 each, with payment in full due in 90 days. How much must the fi...
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