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003C3 d U-yedl udlu . What is nis monthly payment? 9. Amy wants to pay cash in six years for a $45,000 new car. Her

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003C3 d U-yedl udlu . What is nis monthly payment? 9. Amy wants to pay cash in six years for a $45,000 new car. Her savings account pays 3 percent, compounded quarterly. She wants to have her savings taken out of her check automatically. She gets paid on the 1st any 15th of every month. How much is her paycheck de is her paycheck deduction? (Hint: Calculate her quarterly savings first; then covert that into a bi-monthly deposit.) 10. Michael puts $100 in a CD for his newborn daughter. The CD pays 3 percent compounded monthly. What is the hat is the CD worth on her daughters 21st birthday? 15th of every monof her check authed quarter 003C3 d U-yedl udlu . What is nis monthly payment? 9. Amy wants to pay cash in six years for a $45,000 new car. Her savings account pays 3 percent, compounded quarterly. She wants to have her savings taken out of her check automatically. She gets paid on the 1st any 15th of every month. How much is her paycheck de is her paycheck deduction? (Hint: Calculate her quarterly savings first; then covert that into a bi-monthly deposit.) 10. Michael puts $100 in a CD for his newborn daughter. The CD pays 3 percent compounded monthly. What is the hat is the CD worth on her daughters 21st birthday? 15th of every monof her check authed quarter

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