Question: Previous Pro (1 point) A machine will wear out in 15 years. It is anticipated that at that time the cost of will be $96200.

 Previous Pro (1 point) A machine will wear out in 15

Previous Pro (1 point) A machine will wear out in 15 years. It is anticipated that at that time the cost of will be $96200. What amount must be set aside each month in a savings account paying 6.5 percent per year compounded monthly, if one wishes to have a new machine in 15 years? ms Ihr Answers Submit Answers

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