Question
1.Your athletic department needs to purchase three passenger vans in three years.They project the cost at that time to be $120,000.Currently you have $98,000 set
1.Your athletic department needs to purchase three passenger vans in three years.They project the cost at that time to be $120,000.Currently you have $98,000 set aside for the vans.What return on your money must you receive to be able to purchase the vans in three years?
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
7th Edition
0273658492, 978-0273658498
