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Suppose Merck & Co., Inc. decided to restructure the final development plans surrounding its new research and development facility for completion in 12 years from
- Suppose Merck & Co., Inc. decided to restructure the final development plans surrounding its new research and development facility for completion in 12 years from now. The company has decided to deposit into its Citicorp account $1,924,647, earning 8% annually, at the end of the fourth through 12thyears from today. What value would Merck & Co., Inc. have accumulated at the end of the 12thyear?
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Financial Times Guide To The Financial Markets
Authors: Glen Arnold
1st Edition
0273730002, 978-0273730002
