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How will result compare in size to desired goal

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Reference no: EM131623427

Question: How much money should Bryan Trailer Sales set aside today to have $15,000 in one year to purchase a forklift if the interest rate is 2.95% compounded annually?

2. In finding a present value, how will your result compare in size to your desired goal (future value)?

Reference no: EM131623427

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