Question
2. Nakia plans to buy a $32,000 car. She will deposit money every month for 42 months into a savings account with an APR of
2. Nakia plans to buy a $32,000 car. She will deposit money every month for 42 months into a savings account with an APR of 3.5% in order to reach the $32,000 goal. (1 pt) a. How much money will she need to deposit every month to meet her goal? b. How much money will she deposit altogether? (1 pt)
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
