question archive Nu-Tools plans to set aside an equal amount of money each year, starting today, so that it will have $25,000 saved at the end of three years
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Nu-Tools plans to set aside an equal amount of money each year, starting today, so that it will have $25,000 saved at the end of three years. If the firm can earn 4.7 percent, how much does it have to save annually?
$8.004 67
$25,000
$8, 333.33
$7.689.16
$7, 596.61
$8, 414.14
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