In 8 years there will be $ To pay for new machinery in 8 years, a company owner invests $15,000 at 4.5% compounded quarterly. How much money will be available in 8 years? Round your answer to the nearest cent. available. -18 X 19 20
In 8 years there will be $ To pay for new machinery in 8 years, a company owner invests $15,000 at 4.5% compounded quarterly. How much money will be available in 8 years? Round your answer to the nearest cent. available. -18 X 19 20
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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To pay for new machinery in 8 years, a company owner invests $15,000 at 4.5% compounded quarterly. How much money will be available in 8 years? Round
your answer to the nearest cent.
In 8 years there will be available.
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