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A company plans to replace one of its machines 7 years from now. If they deposit $9,039 a month in an account that gives them

image text in transcribed A company plans to replace one of its machines 7 years from now. If they deposit $9,039 a month in an account that gives them 0.28% interest per month. How much money will they still need to pay for the machine if the cost is $1,076,124 at that time in the future

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