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Give typed solution with explanation Don't upload any type of photos Your company decides to purchase an item in 20 years. The current market value
Give typed solution with explanation
Don't upload any type of photos
Your company decides to purchase an item in 20 years. The current market value of Comfort is $150. The inflation rate is 3%. To finance the purchase, your company deposits $14 into an account at the beginning of each year for 10 years. During the last 10 years an additional amount of P is deposited at the end of each years. The annual effective rate is 12%. calculate P it's compunded
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