Barbara knows that she will need to buy a new car in 2 years. The car will cost 15,000 by then How much should she invest now at 10% compounded quarterly, so that she will have enough to buy a new car?
2 answers
Barbara knows that she will need to buy a new car in 2 years. The car will cost 15,000 by then How much should she invest now at 10% compounded quarterly, so that she will have enough to buy a new car?
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