Metal Equipment Co. has an investment fund that has accumulated $180,500 in three years. If the fund
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Metal Equipment Co. has an investment fund that has accumulated $180,500 in three years. If the fund was earning 9% compounded daily, what was the size of the payment that was deposited into this fund at the beginning of each month throughout the term?
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Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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