Question: Please answer using Excel 10. Yau will need to replace the boilar far yaur apartment builcing in 3 years. The durrent cost of replacing the

Please answer using Excel 10. Yau will need to replace the boilar Please answer using Excel

10. Yau will need to replace the boilar far yaur apartment builcing in 3 years. The durrent cost of replacing the boiler is $40,0c0 and you believe this nost will increase anrually at the rate of inflation {5%}. How much will pou need to set aside at the end of each month so that you will be able to replace the boiler in 3 years assamirg you tan earn 3%

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