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Discuss how much must the company set aside now

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Reference no: EM131754544

The blue and white restaurant chain is planning a future promotional campaign It wants to spend $600,000 in 2 years, 400,000 in 4 years and a final $300,000 in 6 years

Required:

Assuming the chain can invests its money at 10% per year, how much must the company set aside now, in total - to provide for its desired promotional expenses

Reference no: EM131754544

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