Question
Archer Inc. decides to pay a one time bonus of $ 97,519.20 to its vice president, who isvexpected to retire within the next few years.Archer
Archer Inc. decides to pay a one time bonus of $ 97,519.20 to its vice president, who isvexpected to retire within the next few years.Archer can invest $80,000 at 2%, compound annually.How many years will it take to have the $97,519.20 to pay the bonus?
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Computer Accounting With Peachtree Complete 2011
Authors: Carol Yacht, Peachtree Software
15th Edition
007811098X, 978-0078110986
