Question
2. Roger is saving money for a car that he would like to purchase five years from today. He plans on making five equal annual
2. Roger is saving money for a car that he would like to purchase five years from today. He plans on making five equal annual deposits into an account earning 2.0% interest, beginning today. How much will Roger have to spend on the car if he can deposit $4,000 each time?
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The Certified Lease And Finance Professionals Handbook
Authors: Deborah Reuben, Certified Lease & Finance Professionals, Equipment Finance Industry Experts
6th Edition
171743388X, 978-1717433886
