A firm of accountants has ordered 7 new computers at a cost of $5,104 each. The machines

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A firm of accountants has ordered 7 new computers at a cost of $5,104 each. The machines will not be delivered for 7 months. What amount could the firm deposit in an account paying 6.42% to have enough to pay for the machines?

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International Financial Reporting and Analysis

ISBN: 978-1408075012

5th edition

Authors: David Alexander, Anne Britton, Ann Jorissen

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