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A small business has determined that the machinery they currently use will wear out in 17 years to replace the new machine when it wears

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A small business has determined that the machinery they currently use will wear out in 17 years to replace the new machine when it wears out, the company wants to establish a savings account today. If the interest rate on the account is 14 percent per quarter and the cost of the machinery will be $270.000. how much will the company have to deposit today? Muti Choice $10624 510723202 1102 51063 Multiple Choice $106.92448 $107.23292 $27336625 $106.300.46 $1049077

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