Business, 07.03.2020 03:09, catsareokiguess
Fastenings Co. produces metal rivets and anticipates purchasing additional machines to build its operations over the next four years. The costs for each of the next four years are given below.
Year Cost
1 $75,000
2 $48,000
3 $120,000
4 $180,000
Fastenings Co. currently has a cash surplus and would like to set aside money to ensure that it can purchase these machines.
Assuming that the money is placed into a savings account that earns 3% interest compounded annually, how much should Fastenings Co. set aside now to ensure it can cover the cost of the machines it would like to purchase?
Create an .xls file to solve OR capture an image of your "by hand work and upload here.
Answers: 3
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You have just been hired as a brand manager at kelsey-white, an american multinational consumer goods company. recently the firm invested in the development of k-w vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about k-w brands. it is 2018. the system is populated with 3 years of historical data. as brand manager for k-w’s blue laundry detergent, you are tasked to lead the brand's turnaround. use the vision platform to to develop your strategy and grow blue’s market share over the next 4 years.
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Fastenings Co. produces metal rivets and anticipates purchasing additional machines to build its ope...
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