He wishes to immediately deposit a sum of cash into an, Financial Management

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He wishes to immediately deposit a sum of cash into an

Wade's company needs to have a lump-sum deposit of dollar 200,000 for the purchase of a piece of equipment in2 years.

He wishes to immediately deposit a sum of cash into an account paying 4 percentage per year compounded on a monthly basis.

How much will he need to deposit into this account to have enough to purchase the equipment?

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Financial Management: He wishes to immediately deposit a sum of cash into an

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Financial Management: He wishes to immediately deposit a sum of cash into an

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