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NEEDED ASAP!!! A company that utilizes carbon fiber 3-D printing wants to have money available two years from now to add new equipment. The company
NEEDED ASAP!!! A company that utilizes carbon fiber 3-D printing wants to have money available two years from now to add new equipment. The company currently has $650,000 in a capital account and it plans to deposit $200,000 now and another $200,000 one year from now. The total amount available in two years, provided it returns a compounded rate of 12% per year, is closest to: $1,190,240 $1.290,240 $1,390,240 $1,490,240
NEEDED ASAP!!!
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