You want to replace a machine in 10 years, and you estimate the cost will be $80,000.
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You want to replace a machine in 10 years, and you estimate the cost will be $80,000. If you can earn 8 percent annually on your investments, how much money should you put aside at the end of each year to cover the cost of the machine?
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Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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