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b) A company has an expensive repair that is estimated to cost $12.251 coming due in 11 years. They would like to save f
Posted: Thu May 19, 2022 12:43 pm
by answerhappygod
- B A Company Has An Expensive Repair That Is Estimated To Cost 12 251 Coming Due In 11 Years They Would Like To Save F 1 (12.21 KiB) Viewed 36 times
b) A
company has an expensive repair that is estimated to cost $12.251 coming due in 11 years. They would like to save for this expense by depositing equal amounts each month into an account earning 5.6% compounded monthly. How much would they need to deposit each month in order to save for this bill? Round to 2 decimal places. Silwer leading to the answer clearly.