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McDonald's major distribution partner, The Martin-Grower Company, needs at least $1 milion to build a new warehouse in Medicine Hat 2 years from today, To
McDonald's major distribution partner, The Martin-Grower Company, needs at least $1 milion to build a new warehouse in Medicine Hat 2 years from today, To date, it has invested $510,000,00. If it conlinues to invest $51,000.00 at the end of every quarter into a fund earning 5.5% quarterly, wit it have enough money fo buld the warehouse 2 years from now? How much money wat it have? The Martin-Brower Company's 5510,00000 will have grown to and its $51,000.00 deposits will have grown to for a total of Thus, it have enough money 2 years from now
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