Loadstar Sensors is a company that makes load/force
Chapter 2, Problem 2.14(choose chapter or problem)
Loadstar Sensors is a company that makes load/force sensors based on capacitive sensing technology.For a major plant expansion project, the companywants to have $30 million 5 years from now.If the company already has $15 million in an investmentaccount for the expansion, how muchmore must the company add to the account now sothat it will have the $30 million 5 years from now?The funds earn interest at the rate of 10% per year.
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