Page 1 of 1

Exercise 1 6 points Your company is about to increase its production capacities therefore it is going to invest into new

Posted: Mon Jan 17, 2022 8:09 am
by answerhappygod
Exercise 1 6 Points Your Company Is About To Increase Its Production Capacities Therefore It Is Going To Invest Into New 1
Exercise 1 6 Points Your Company Is About To Increase Its Production Capacities Therefore It Is Going To Invest Into New 1 (17.31 KiB) Viewed 53 times
Exercise 1 6 points Your 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?