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Business, 14.12.2019 03:31, kakkakak4696
Travis international has a one-time expense of $1.13 million that must be pald two years from today. the firm can earn 4.3 percent, compounded monthly, on its savings. how much must the firm save each month to fund this expense if the firm starts investing equal amounts each month starting at the end of this month? multiple cholce
a. $38.416.20
b. $45,17202
c. $51,300.05
d. $47.411.08
e. $53.901.15
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Answers: 1
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Travis international has a one-time expense of $1.13 million that must be pald two years from today....
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