McKinnon's Machinery sets aside $5300.00 at the beginning of every three months in a fund to replace equipment. If inter
Posted: Mon Jul 11, 2022 12:45 pm
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.).