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A general contractor wants to have enough money to purchase a new fleet of pickup trucks in five years at a cost of $290,000. If

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A general contractor wants to have enough money to purchase a new fleet of pickup trucks in five years at a cost of $290,000. If the company set aside $100,000 in year 2 and $75,000 in year 3, how much will the company have to set aside in year 4 to have the money it needs. The contractor uses a 9% interest rate. a) Draw the cash flow diagram b) How much must the company set aside in year 4

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