Question: The department wants to replace its PACE computers in 4 years. The cost then is estimated to be $100,000. Which expression states the amount for

The department wants to replace its PACE computers in 4 years.

The cost then is estimated to be $100,000. Which expression states the amount for this that must be set aside in this year's budget, assuming a 3% economy?

(a) 100,000(P/F, 3, 4)

(b) 100,000(F/P, 3, 4)

(c) 100,000(F/P, 4, 3)

(d) 100,000(P/F, 4, 3)

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