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9 If the company cannot save more than $250,000 per year, how much would it be able to raise in 4 years time (given an
9 If the company cannot save more than $250,000 per year, how much would it be able to raise in 4 years time (given an interest rate on saving account of 4%). (Do not round intermediate calculations. Round the final answer to 2 decimal places, do not leave spaces, Omit commas, spaces or $ sign) (10 Points) Enter your answer 10 How long would it take the company to cover the required $1.5M if it saves $250,000 a year? (In the space below write down the number of years and round your answer to two decimal places) (10 Points) Enter your
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