SOLUTION: A firm anticipates a capital expenditure of $10,000 for new equipment in 5 years. How much should be deposited quarterly in an account earning 10 % interest per year, compounded qu
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Question 729570: A firm anticipates a capital expenditure of $10,000 for new equipment in 5 years. How much should be deposited quarterly in an account earning 10 % interest per year, compounded quarterly to provide for the purchase? Answer by lynnlo(4176) (Show Source):
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