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Question 4 2 pts ABC Enterprises needs to have a lump-sum deposit of $230,000 for the purchase of equipment in 36 months. They wish to
Question 4 2 pts ABC Enterprises needs to have a lump-sum deposit of $230,000 for the purchase of equipment in 36 months. They wish to immediately deposit a sum of cash into a short-term account paying 12.50% per year, compounded on a monthly basis. How much will they need to deposit into this account to have enough to purchase the equipment? $125,122.92 $152,048.11 $158,383.45 $ 193,227.81 $171,054.12
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