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A small business has determined that the machinery they currently use will wear out in 18 years. To replace the new machine when it wears
A small business has determined that the machinery they currently use will wear out in 18 years. To replace the new machine when it wears out, the company wants to establish a savings account today, the interest rate on the account is 21 percent per quarter and the cost of the machinery will be $335.000, how much will the company have to deposit today? Multiple Choice O sso22 47 o O s6.689 64 o s23045251 o Os6027 o 578,436 41
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