Question: Question 6 6 pts ABC Enterprises needs to have a lump sum deposit of $75336 for the purchase of an equipment in 9 months. They
Question 6 6 pts ABC Enterprises needs to have a lump sum deposit of $75336 for the purchase of an equipment in 9 months. They wish to immediately deposit a sum of cash into a short-term account paying 7 percent interest per year, compounded on a monthly basis. How much will they need to deposit into this account to have enough to purchase the equipment? 89367.23 O 17873.44 107240.68 71493.79 53620.34
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