Business, 20.09.2020 14:01 supiine295

A small company wishes to set up a fund that can be used for technology purchases over the next 6years. Their forecast is for $24,000 to be needed at the end of year1,decreasing by $2,000 each year there after. The fund earns 15 percent peryear. Howmuch money must be deposited to the fund at the end of year 0 to just deplete the fund after the last withdrawal

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A small company wishes to set up a fund that can be used for technology purchases over the next 6yea...

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