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Business, 01.06.2021 18:50 Pizzapegasus1

Ross Inc. is saving $5,000 a month in a money fund to pay for equipment that will cost $400,000 five years from now. If the interest rate is 1/2% per month, how much additional funds will be needed to pay for this equipment

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Ross Inc. is saving $5,000 a month in a money fund to pay for equipment that will cost $400,000 five...
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