Stanley, Inc. makes self-clinching fasteners for stainless steel applications. It expects to acquire new time-saving punching equipment
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Stanley, Inc. makes self-clinching fasteners for stainless steel applications. It expects to acquire new time-saving punching equipment 4 years from now. If the company sets aside $125,000 each year, determine the amount available in 4 years at an earning rate of 10% per year.
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