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8) Nabil wants to save RM 825,000 to buy some new equipment three years from now. The plan is to set aside an equal
8) Nabil wants to save RM 825,000 to buy some new equipment three years from now. The plan is to set aside an equal amount of money on the first day of each quarter starting today. How much does he need to save each quarter to achieve its goal if it can earn 4.45 percent on its savings? OA) RM 63,932.91 B) RM 62,969.70 C) RM 63,192.05 D) RM 62,925.00
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
10th edition
1260481956, 1260310175, 978-1260481952
