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Business, 12.07.2019 20:00 mia3128

The president of a growing engineering firm wishes to give each of 20 employees a holiday bonus. how much needs to be deposited each month for a year at a 12% nominal rate, compounded monthly, so that each employee will receive a $2,500 bonus?

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The president of a growing engineering firm wishes to give each of 20 employees a holiday bonus. how...
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