The a2x company has made it a financial goal to buy its own, Business Economics

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The a2x company has made it a financial goal to buy its own

The A2X company has made it a financial goal to buy its own building in 6 years. A2X estimates it will need $46910 for a down payment. The local bank pays 3%, compounded annually. How much should the company invest in the bank today to have its down payment in 6 years?

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Business Economics: The a2x company has made it a financial goal to buy its own

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