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Can someone please help me answer this? and show the formula? An accounting firm agrees to purchase a computer for $190,000 (cash on delivery) and
Can someone please help me answer this? and show the formula? An accounting firm agrees to purchase a computer for $190,000 (cash on delivery) and the delivery date is in 270 days. How much do the owners need to deposit in an account paying 0.65% compounded quarterly so that they will have $190,000 in 270 days?
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