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knights inc wishes to accumulate 1,378,000 by december 31, 2027, to retire bonds outstanding. the company deposits 212,000 on december 31, 2017, which will earn
knights inc wishes to accumulate 1,378,000 by december 31, 2027, to retire bonds outstanding. the company deposits 212,000 on december 31, 2017, which will earn interest at 8% compunded quarterly, to help in the retiremner of this debt. in addition, the compnt wants to know how much should be deposited at the end of each quarter for 10 years to ensure that $1,378,000 is available at the end of 2027. (the quarterly deposits will also earn at a rate or 8%, compounded quarterly.) round factor values to 5 decimal places and final answer to 0 decimal places.
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