McKinnon's Machinery sets aside $5300.00 at the beginning of every three months in a fund to replace equipment. If inter

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

McKinnon's Machinery sets aside $5300.00 at the beginning of every three months in a fund to replace equipment. If inter

Post by answerhappygod »

Mckinnon S Machinery Sets Aside 5300 00 At The Beginning Of Every Three Months In A Fund To Replace Equipment If Inter 1
Mckinnon S Machinery Sets Aside 5300 00 At The Beginning Of Every Three Months In A Fund To Replace Equipment If Inter 1 (16.44 KiB) Viewed 25 times
McKinnon's Machinery sets aside $5300.00 at the beginning of every three months in a fund to replace equipment. If interest is 4% compounded monthly, how much will be in the fund after 10 years? The fund will be worth $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.).
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply