Question: Helga Thalhimer will need to replace the registration software for her agency in five years. She received an estimate that it will cost $40,000 when
Helga Thalhimer will need to replace the registration software for her agency in five years. She received an estimate that it will cost $40,000 when she is ready to replace. What must Helga deposit today at 6% compounded quarterly to have enough to update her system?
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