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 you are the owner of a janiking cleaning service franchise. your accountant has determined that your business will need $27,500 in new equipment in 3 years. if your bank is paying 6% interest compounded monthly, how much must you invest today to meet this financial goal? (round to the nearest whole dollar.
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 to determine the compound amount of an investment of $10,000 with an interest rate of 6% compounded monthly after 4 years requires you to use a table factor that goes beyond the compound interest table. calculate the new table factor for this investment.
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