Question: Question 9 4 pts PV&A will need $1.8 million 5 years from now to replace some equipment Currently, the firm has some extra cash and

 Question 9 4 pts PV&A will need $1.8 million 5 years

Question 9 4 pts PV&A will need $1.8 million 5 years from now to replace some equipment Currently, the firm has some extra cash and would like to establish a savings account for this purpose. The account pays 5.25 percent interest, compounded annually. How much money must the company deposit today to fully fund the equipment purchase? $1.298.407.21 5127994720 51.350.368.47 51.41230818 132.6765

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