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Sandhill Limited needs to set aside cash for the replacement of a robot in its assembly line 10 years from today. Sandhill will earn 8%

Sandhill Limited needs to set aside cash for the replacement of a robot in its assembly line 10 years from today. Sandhill will earn 8% on the cash it will set aside. Sandhill needs to know how much it should set aside at the end of each year to accumulate $605,000. Show all working for full marks

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