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Solve the Problem $1700\$ 1700 Each They Will Not Be Delivered for 11 Months

Question 137

Multiple Choice

Solve the problem.
-A company has ordered 5 new personal computers at a cost of $1700\$ 1700 each. They will not be delivered for 11 months. What amount should the firm deposit in an account paying 7.32%7.32 \% to have enough money to pay for them?


A) $4112.04\$ 4112.04
B) $7965.51\$ 7965.51
C) $8011.31\$ 8011.31
D) $7920.24\$ 7920.24

Correct Answer:

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