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This Question: 6 pts 15 of 15 (13 complete) This Test: 94 pts possible Show Work Question Help A department has ordered 6 new computers
This Question: 6 pts 15 of 15 (13 complete) This Test: 94 pts possible Show Work Question Help A department has ordered 6 new computers at a cost of $2358 each. The order will not be delivered for 6 months. What amount could the department deposit in a special 6-month CD paying 8.64% compounded monthly to have enough to pay for the machines at time of delivery? The department should deposit $ into the CD. (Do not round until the final answer. Then round to the nearest cent as needed.)
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