How much did the company set aside if the certificate

Reference no: EM13203997

Valtro Electronic Systems, Inc. set aside a lump sum of money 4 years ago in order tofinance a plant expansion now. If the money was invested in a plant expansion now. If money was invested in a 10% per year simple interest certificate of deposit, how much did the company set aside if the certificate is now worth $850,000?

Reference no: EM13203997

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