A northern California consulting firm wants to start saving money for replacement of network servers. If the
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A northern California consulting firm wants to start saving money for replacement of network servers. If the company invests $5000 at the end of year 1 but decreases the amount invested by 5% each year, how much will be available 5 years from now at an earning rate of 8% per year?
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Ashok Kumar Malhotra
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