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You would like to have $1,046 in 2 years to buy a new wardrobe when you graduate and enter the job market. If you

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You would like to have $1,046 in 2 years to buy a new wardrobe when you graduate and enter the job market. If you think you can eam 7.78% on your money, how much must you deposit today? QUESTION 8 A company has purchased an asset for $186,598. If they require a return of 10.06%, how much must they sell the asset for in 5 years?(Round to 2 decimal places)

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