Question: Videotech specializes in on-line security software development. It wants to have $75,000,000 available in 2 years to pay stock dividends. How much money must the

Videotech specializes in on-line security software development. It wants to have $75,000,000 available in 2 years to pay stock dividends.

How much money must the company set aside now in an account that earns interest at a rate of 12% per year, compounded quarterly? Solve using a single-cell spreadsheet function?

The company must set aside $

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