Top Posters
Since Sunday
s
3
v
3
p
3
m
2
s
2
d
2
N
2
d
2
e
2
s
2
s
2
e
2
Home Q & A Board Other Fields Homework Help Business
New Topic  
rolpace88 rolpace88
wrote...
Go to Answer
Posts: 3242
Rep: 25 0
9 years ago
Southwest Dry Cleaners believes that it will need new equipment in 5 years. The equipment will cost $26,000. What lump sum should be invested today at 4% compounded semiannually, to yield $26,000?
A) $24,611.99
B) $23,649.29
C) $21,329.10
D) $23,531.54
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 253 times
3 Replies
Replies
Answer verified by a subject expert
MillionMillion
wrote...
#1
Top Poster
Posts: 3708
Rep: 364 0
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

rolpace88 Author
wrote...
#2
9 years ago
That is correct Slight Smile

Thx
wrote...
#3
9 years ago
Great, please mark the topic solved!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  913 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 438
  
 256
  
 105
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484
Previous poll results: Which country would you like to visit for its food?