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what is the cost of the new animal shelter? Shuler Dog Care Co. wants to finance a new animal shelter by making eight annual deposits
what is the cost of the new animal shelter?
Shuler Dog Care Co. wants to finance a new animal shelter by making eight annual deposits into a fund earning 6% compounded annually. The first four deposits are to be $24,000 each and will be paid at the beginning of the next four years. The last four deposits are to be $35,000 each and will be paid at the beginning of the last four years Step by Step Solution
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