Your engineering company debt is adding up and the company


Your engineering company debt is adding up and the company is about to go into bankruptcy in two years. In an attempt to save the company from its $13,000 debt, for the next two years, every quarter you deposit $1, 500 Into an IRA Roth that pays out an interest rate of 6% per year compounded monthly. Will your company be able to avoid bankruptcy?

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Financial Accounting: Your engineering company debt is adding up and the company
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