Question: In 5 years, Vincent Hickman will need to replace an assembling machine for his manufacturing plant. It will require a total of $50.000. Will he

In 5 years, Vincent Hickman will need to replace an assembling machine for his manufacturing plant. It will require a total of $50.000. Will he have enough money available if he invests $800at end of each month for the next 5 years at 8.4% compounded monthly? a Yes ($593, 98, 43) b. No c. Not enough information d. None of the above

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