A certain company estimates that the computer they plan to buy in 18 months will cost $ \$ 4,200 $. How much money should be deposited now into an account paying $ 5.75 \% $ interest, compounded monthly so there will be enough money to pay cash for the computer in 18 months?

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The Answer of A certain company estimates that the computer they plan to buy in 18 months will cost $ \$ 4,200 $. How much money should be deposited now into an account paying $ 5.75 \% $ interest, compounded monthly so there will be enough money to pay cash for the computer in 18 months?

A Certain Company Estimates That the Computer They Plan to Buy