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Business, 27.02.2020 18:00 leeamation31

Travis International has a one-time expense of $1.13 million that must be pald two years from today. The firm can earn 4.3 percent, compounded monthly, on its savings. How much must the firm save each month to fund this expense If the firm starts Investing equal amounts each month starting at the end of this month?a. $38.416.20 b. $45,17202 c. $51,300.05 d. $47.411.08 e. $53.901.15

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Travis International has a one-time expense of $1.13 million that must be pald two years from today....
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