How much money would have to be deposited every quarter if acompany wants to have 75,000 at the end of three years . Theinterest is 12% per year compounded continuously   4,892   5,093   5,271   6,107

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 14EB: How much must be invested now to receive $50,000 for 8 years if the first $50,000 is received in one...
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How much money would have to be deposited every quarter if acompany wants to have 75,000 at the end of three years . Theinterest is 12% per year compounded continuously

 

4,892

 

5,093

 

5,271

 

6,107

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