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Please answer for a like! A) If Bosch Inc. invests $90,000 at an assumed interest rate of 7% per year, what is the future value
Please answer for a like!
A) If Bosch Inc. invests $90,000 at an assumed interest rate of 7% per year, what is the future value of this investment in five years? (Round all amounts to the nearest dollar) B) If Clark Manufacturing wants to save $130,000 by the end of the year to buy a new piece of equipment and they can earn interest at an amazing 15% per year, how much would they have to invest at the start of the year? (Round all amounts to the nearestStep by Step Solution
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