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Use the savings plan formula to answer the following question. You want to purchase a new car in 5 years and expect the car to...Asked by ACB121
Use the savings plan formula to answer the following question.
You want to purchase a new car in 8 years and expect the car to cost $83,000. Your bank offers a plan with a guaranteed APR of 6.5% if you make regular monthly deposits. How much should you deposit each month to end up with $83,000 in 8 years?
You want to purchase a new car in 8 years and expect the car to cost $83,000. Your bank offers a plan with a guaranteed APR of 6.5% if you make regular monthly deposits. How much should you deposit each month to end up with $83,000 in 8 years?
Answers
Answered by
mathhelper
I see you changed your name, but the type of question you ask is the same
style that has already been answered when you were Gabriel.
Are you even looking at the replies ???
style that has already been answered when you were Gabriel.
Are you even looking at the replies ???
Answered by
Sunset
Don’t be rude
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