Business, 15.04.2020 03:13 LuxTheGirl5214

A Firm needs to replace most of its machinery in five years at a cost of $500,000. The company wishes to create a sinking fund to have this money available in five years. How much should the quarterly deposits be if the fund earns 8%

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A Firm needs to replace most of its machinery in five years at a cost of $500,000. The company wishe...