Videotech specializes in online security software development. It wants to have $65 million available in 3 years
Question:
Videotech specializes in online security software development. It wants to have $65 million available in 3 years to pay stock dividends. How much money must the company set aside now in an account that earns interest at a rate of 12% per year, compounded quarterly? Solve using
(a) Tabulated factors, and
(b) A single-cell spreadsheet function.
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a P 65000000PF312 650...View the full answer
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Muhammad adeel
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