sandy hopkins was planning to buy a new car in 3 years she has mony today that she can invest for 3years in an account that will pay 6% compounded quarterly how much of it would she need to deposit today so that she will have 8000$ in her account in 2 years?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 6RE: Hsu-Mei wants to save 5,000 for a down paymenton a car. To the nearest dollar, how much will sheneed...
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sandy hopkins was planning to buy a new car in 3 years she has mony today that she can invest for 3years in an account that will pay 6% compounded quarterly how much of it would she need to deposit today so that she will have 8000$ in her account in 2 years?

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