SOLUTION: You are the finance manager for a particular company. The company plans to purchase $2,000,000 in new assembly line machinery in 5 years. How much (in $) must be set aside now at 8
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Question 1172708: You are the finance manager for a particular company. The company plans to purchase $2,000,000 in new assembly line machinery in 5 years. How much (in $) must be set aside now at 8% interest compounded semiannually to accumulate the $2,000,000 in 5 years? Answer by Solver92311(821) (Show Source):
