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An accounting firm has ordered 5 7 new computers at a cost of $ 1 6 4 6 each. The machines will not be delivered
An accounting firm has ordered new computers at a cost of $ each. The machines will not be delivered for months. What amount could the firm deposit today in an account paying simple interest to have enough money to pay for the machines in months?
The present value of a future amount of FV dollars at a simple interest rate for years is given by which formula?
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