Mathematics, 16.12.2021 17:00 shamarmosley
A company estimates that it will need $106,000 in 6 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 4.5% compounded monthly, how much should each payment be?
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A company estimates that it will need $106,000 in 6 years to replace a computer. If it establishes a...
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