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Your company requires $100,000 to purchase a new warehouse in three years. If your company wishes to put aside funds every year, starting today, and
Your company requires $100,000 to purchase a new warehouse in three years. If your company wishes to put aside funds every year, starting today, and can 2.2% compounded annually, how much money, to the nearest dollar, will be required for payments to build the fund? Select one: a. $32,450 b. $32,098 c. $32,245 d. $31,909 e. $30,925
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