Question
Cooling Tools, Inc. is currently producing 890 of small refrigerators per month but the company's CEO plans to increase production at a rate of 6.54
Cooling Tools, Inc. is currently producing 890 of small refrigerators per month but the company's CEO plans to increase production at a rate of 6.54 percent per month until the firm is producing 5,036 of refrigerators per month. How many months will this take?
Round the answer to two decimal places.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
