A small business has determined that the machinery they currently use will wear out in 16 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 1.9 percent per quarter and the cost of the machinery will be $325,000, how much will the company have to deposit today? $97,439.62 $240,489.66 $98,738.82 $99,604.95 $100,666.98 Previous Page Next Page Page 1 of 18