Question: The requirement for computer server capacity at a particular company is expected to increase at a rate of 15% per year for the next

The requirement for computer server capacity at a particular company is expected

to increase at a rate of 15% per year for the next

The requirement for computer server capacity at a particular company is expected to increase at a rate of 15% per year for the next 5 years. If the server capacity is expected to be 1,800 gigabytes in 5 years, how many gigabytes of capacity are there today? Round to the nearest whole gigabyte. GB Solve by using the present value formula. Round your answers (in $) to the nearest cent. Compound Amount Term of Nominal Interest Investment Rate (%) Compounded Present Value Compound Interest $18,000 8 years 4.5 monthly

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