How much will the company have to set aside in 4 years

Reference no: EM13204120

Southwestren Moving and storage wants to have enough money to purchase a new tractor-trailor in 5 years at a cost of $290,000. If the company set aside $100,000 in 2 years and $75,000 in 3 years how much will the company have to set aside in 4 years in order to have the money it needs if the money set aside earns 9% per year.

Reference no: EM13204120

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How much will the company have to set aside in 4 years : Southwestren Moving and storage wants to have enough money to purchase a new tractor-trailor in 5 years at a cost of $290,000. If the company set aside $100,000 in 2 years and $75,000 in 3 years how much will the company have to set aside in 4 yea..

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