Business, 10.12.2019 21:31 reannalovestodpdn8d2

Acompany needs to have $135,000 in 5 years, and will create a fund to insure that the $135,000 will be available. if it can earn a 6% return compounded annually, how much must the company invest in the fund today to equal the $135,000 at the end of 5 years?

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Acompany needs to have $135,000 in 5 years, and will create a fund to insure that the $135,000 will...

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