Ketchum & Lushene Hardware sells 100 hammers daily. The supplier takes two days to deliver more hammers.
At what quantity should the inventory manager place his/her next order?

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

answer; false pretense;

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