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In April, a firm had an ending cash balance of 9.5. In May, the firm had total cash receipts of 7.9 and total cash disbursements

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In April, a firm had an ending cash balance of 9.5. In May, the firm had total cash receipts of 7.9 and total cash disbursements of 4.8. The minimum cash balance required by the firm is 9.7. At the end of May, the firm had Answer: Suppose that you invest $ 600 per month in a saving account for the next 33 years which earns 0.08 per year; what is the value of the Investment today

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