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)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
