Mathematics, 29.07.2020 06:01 jcastronakaya
How much will Bob need to save each month if he wants to buy a $30,000 car with cash in 5 years? He can earn a nominal interest rate of 10% compounded monthly.
a) $2.50
b) $250.00
c) $25.00
d) $1,862.76
Answers: 3
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How much will Bob need to save each month if he wants to buy a $30,000 car with cash in 5 years? He...
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