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You are asked to purchase new die presses for your production line. They have a total cost of $110,000. Instead of making the purchase now,
You are asked to purchase new die presses for your production line. They have a total cost of $110,000. Instead of making the purchase now, you decide to save money at the end of each quarter for 2 years based on your company's projected profit margin to make the purchase. Your local bank's standard compound interest rate is 6%. What amount should you plan on saving each period? Based on this information. What are you being asked to find? OA. (AG) O B. (A/F) O C. (G/F) O D. (F/A)
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