Question
q1. A company is saving for some new equipment. They plan to invest $39,628 per year starting the end of this year, and increasing the
q1. A company is saving for some new equipment. They plan to invest $39,628 per year starting the end of this year, and increasing the investment by 5.4% per year. If the interest rate is 5.4%, how much can they spend in 6 years?
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Personal Finance
Authors: Jack Kapoor
12th Edition
125996776X, 9781259967764
