13. The president of your company wants the company to pay him $3 million to cash him out of the ownership of the company in
13. The president of your company wants the company to pay him $3 million to cash him out of the ownership of the company in nine years. If the rate of interest is 4.75%, how much does the company need to set aside each year to be able to cash him out? can you answer in excel format please
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Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
