Mathematics, 13.04.2021 21:10 brownvester44

a director estimates that his company will have to spend 0.25 million on new machinery in two years from now. two alternative methods of providing the money are being considered, both assuming an annual rate of 10%.. A) A single sum #A to be set aside and invested now with interest compounded every six month . how much should this sum be and what is the effective annual rate of interest

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a director estimates that his company will have to spend 0.25 million on new machinery in two years...