Your employer has anticipated needing 60000 in 25 years to


Your employer has anticipated needing $60,000 in 2.5 years to finance the purchase of a new machine. IF they aniticipate making a single lump sum investment today into a saving account that will return12% interest compounded continuously, how much money do they need to invest?

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Business Economics: Your employer has anticipated needing 60000 in 25 years to
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