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Based on your calculations you will need to have $55,000 in 10 years to replace a piece of production equipment. How much do you have
Based on your calculations you will need to have $55,000 in 10 years to replace a piece of production equipment. How much do you have to invest today, if you can make a second investment of $3,000 2 years from now? Assume the interest rate will be 5% over the entire time period
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