Mathematics
Mathematics, 15.07.2020 01:01, dozsyerra

A company estimated that it will need 145,000 in 10 years to replace a computer. If it established a sinking fund by making fixed monthly payments into an account paying 7.5 % compounded monthly, how much should each payment be?

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A company estimated that it will need 145,000 in 10 years to replace a computer. If it established a...

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