What amount will be in the investment fund on december 31
Vannoy Corporation will invest $30,000 every January 1st for the next six years (2012 - 2017). If Wagner will earn 12% on the investment, what amount will be in the investment fund on December 31, 2017?
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The old unit is fully depreciated and can be disposed at cost. Determine the Net Present Value of purchasing the new freezer using a required rate of return of 14%. Should bravo purchase the freezer?
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