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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 83
Solve the following exercises by using Table 12-2.
As the chief accountant for Proline Industries, you have estimated that the company must pay $100,000 income tax to the IRS at the end of each quarter this year. How much should be deposited now at 8% interest compounded quarterly to meet this tax obligation
As the chief accountant for Proline Industries, you have estimated that the company must pay $100,000 income tax to the IRS at the end of each quarter this year. How much should be deposited now at 8% interest compounded quarterly to meet this tax obligation
Explanation
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For calculating present value of an annu...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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