Exercise 1 6 points Your company is about to increase its production capacities therefore it is going to invest into new
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Exercise 1 6 points Your company is about to increase its production capacities therefore it is going to invest into new
company is about to increase its production capacities therefore it is going to invest into new manufacturing equipment 3 years from now. The price of these equipment is going to be 30 million $ 3 years 3 from now. Your company finances this purchase by saving a given amount of money on its saving account at the end of each month for 3 years. The interest rate is 12%. How much money should be saved at the end of each month?
Exercise 1 6 points Your