Question
A machine must be replaced in 7 years at a cost of $7500. How much must be deposited at the end of each year into
A machine must be replaced in 7 years at a cost of $7500. How much must be deposited at the end of each year into an account that earns 5% in order to have accumulated enough to pay for the replacement?
$921
$721
$1,071
$472
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Managing Human Resources
Authors: Susan E Jackson, Randall S Schuler, Steve Werner
12th Edition
0190857560, 9780190857561
