Question
A person wishes to have $ 18,900 cash for a new car 3 years from now. How much should be placed in an account now,
A person wishes to have $ 18,900 cash for a new car 3 years from now. How much should be placed in an account now, if the account pays 5.4% annual interest rate, compounded weekly?
(Round to the nearest dollar.)
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
